Platinum (XPTUSD) Up $24.05 in Last 4 Hours; Moves Up For the 2nd Day In A Row

Platinum Daily Price Recap

Platinum closed the previous day up 1.12% ($10.69); this denotes the 2nd day in a row it has gone up. Relative to other instruments in the metals asset class, Platinum ranked 3rd since the previous day in terms of percentage price change. The daily price chart of Platinum below illustrates.

XPTUSD

Platinum Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. For another vantage point, consider that Platinum’s price has gone up 18 of the previous 30 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Platinum for the past day were:

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $958.3 USD per oz 2020-09-15 08:30:18 HKT