Platinum (XPTUSD) Down $0.54 in Last 4 Hours, And A Story About Trevor Raymond; Underperforms All metals
Those trading within the metals asset class should know that platinum was the worst performer in the class today.
Platinum
(Last Updated January 23, 2021)
Welcome to the news page for Platinum (XPTUSD). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On XPTUSD, there is currently an uptrend on the 90 and 30 day timeframes.
XPTUSD Moving Averages
The moving averages on XPTUSD indicate a trend that is clearly bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, XPTUSD’s price is up $53.15 (4.95%) from the week prior. Moreover, note that the weekly chart shows that XPTUSD has seen 2 straight up weeks. Regarding the trend, note that the strongest trend exists on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows XPTUSD’s price action over the past year.
Platinum (XPTUSD) Up $14.96 Over Past 4 Hours, Outperforms All metals; Started Today Up 1.47%
Platinum outperformed all 5 assets in the metals asset class since the last 4 hour candle.
Platinum (XPTUSD) Up $14.96 On 4 Hour Chart, Outperforms All metals; in an Uptrend Over Past 14 Days
Platinum price circa$1800) r1-92 – platinum price is circa $1020.
Platinum (XPTUSD) Up $14.47 in Last 4 Hours, Outperforms All metals; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 10 days platinum’s price has gone up 7 them.
Platinum (XPTUSD) Up $35.1 in Last 4 Hours, Started Today Up 3.3%; Pin Bar Pattern Appearing on Chart
Out of the 5 instruments in the metals asset class, platinum ended up ranking 2nd for the day in terms of price change relative to yesterday.
Platinum (XPTUSD) Up $1.33 On 4 Hour Chart, Started Today Up 0.14%; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Platinum (XPTUSD) Down $2.13 On 4 Hour Chart, Fares the Worst Out of metals; But Still in an Uptrend Over Past 30 Days
For another vantage point, consider that platinum’s price has gone up 17 of the previous 30 trading days.
Platinum (XPTUSD) Down $1.76 in Last 4 Hours, Fares the Worst Out of metals; 2 Day Up Streak Ended
For another vantage point, consider that platinum’s price has gone up 6 of the previous 10 trading days.
Platinum (XPTUSD) Up $2.38 in Last 4 Hours, Outperforms All metals; in an Uptrend Over Past 30 Days
Or to view things another way, note that out of the past 30 days platinum’s price has gone up 18 them.
Platinum (XPTUSD) Up $34.91 in Last 4 Hours, Outperforms All metals; 2 Day Down Streak Snapped
Platinum outperformed all 5 assets in the metals asset class since the previous day.