Platinum (XPTUSD) Down $16.11 Over Past 4 Hours, 4 Day Up Streak Broken; But Still in an Uptrend Over Past 14 Days

Platinum Daily Price Recap

The end of a 4 day positive run has come for Platinum, which finished yesterday down 1.75% ($16.11). Those trading within the metals asset class should know that Platinum was the worst performer in the class today. Let’s take a look at the daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Platinum’s price has gone up 6 of the previous 10 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Platinum:

  • From BaharAyar:

    Hi everyone, I’m the one who sold the Harryween ticket, I sold for $640 (which was the face platinum price) & was just trying to help someone out. If you have a screenshot with my email/phone #, I’m rly hoping you will delete it bc my privacy has been invaded. @handwrittentixs

  • From JseRookie:

    UBS increases platinum price forecasts amid bullish gold view.Analyst expects platinum to end December at $975 getting to $1075 and $1050 by March and June 2021 respectively.
    View is premised on improving economic activity into 2021 though market remaining oversupplied in 2020

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Close: $948.1 USD per oz 2020-07-23 12:30:18 HKT