Platinum (XPTUSD) Up $4.26 Over Past 4 Hours, Fares the Worst Out of metals; Entered Today Down 0.21%

Platinum 4 Hour Price Update

Updated December 17, 2020 01:59 AM GMT (09:59 PM EST)

Platinum closed the previous 4 hours up 0.41% ($4.26); this denotes the 2nd consecutive candle it has gone up. On a relative basis, the current 4 hour candle were pretty good: Platinum bested all 5 of the assets in the metals class 🙂

Platinum Daily Price Recap

The choppiness in the recent daily price action of Platinum continues; to start today, it came in at a price of 1034.36584 US dollars, down 0.21% ($2.13) since the day prior. On a relative basis, Platinum was the worst performer out of all 5 of the assets in the metals asset class today. Here is a daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

Volatility for Platinum has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 5 out of the past 10 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

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 Close: $1009.1 USD per oz 2020-12-15 12:30:18 HKT