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Platinum (XPTUSD) Up $29.15 On 4 Hour Chart; Started Today Up 3.15%

Platinum 4 Hour Price Update

Platinum entered the current 4 hour candle at $954.1539, up 3.15% ($29.15) from the previous 4 hours. Platinum outperformed all 5 assets in the metals asset class since the previous 4 hours. Congrats to its holders!

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 954.1539 US dollars, up 3.15% ($29.15) since yesterday. Platinum outperformed all 5 assets in the metals asset class since yesterday. Congrats to its holders! Below is a daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Interestingly, a trend in the other direction exists on the 30 day timeframe, where price is headed down. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Platinum’s price has gone up 18 of the previous 30 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Platinum:

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $931.7 USD per oz 2020-09-14 08:30:18 HKT

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