A strong trend line in white that can be accompanied with an upper trend line forming a rising expanding wedge. Using this we can obtain a potential top for the next bull move. Bullish
Palladium. A rare opportunity to buy and stack at such a low price might not come around for a while. The last time we were at this price was August 2018. The technicals and fundamentals both suggest we are heading much higher.
Option activity in palladium is quite rare. On October 19 the verical spread with targets of $1150-1200 was passed. Despite the insignificant volume, it stands out sharply against the background of previous observations. The logic of this spread is the correction to the area of the previous support.
Hello everyone, How Rare is Palladium? Palladium is considered a relatively rare precious metal. It is rarer than well-known precious metals like gold and silver and it seems like a very interesting opportunity at the moment to me. There is lot of bullish signs I can see. First of all It seems like it is in nice falling wedge pattern and finishing A-B-C-D-E...
Spot palladium is the physical form of palladium that is traded on the spot market. It is not a futures contract, and it is not subject to the same margin requirements as futures contracts. This makes spot palladium a more attractive option for investors who want to avoid the risks associated with futures contracts. The outlook for spot palladium in the next 3...
Palladium - 24h expiry - Offers ample risk/reward to buy at the market. We are trading at oversold extremes. Trend line support is located at 1420. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look for a temporary move lower. We look to Buy at 1421.2 (stop at 1397.1) Our profit targets will be...
Palladium - Intraday - We look to Buy at 1474.1 (stop at 1450.1) Short term bias has turned positive. Previous resistance at 1475 now becomes support. We are trading at oversold extremes. We look to buy dips. We look for gains to be extended today. Our profit targets will be 1534.1 and 1544.1 Resistance: 1515 / 1527 / 1540 Support: 1490 / 1475 /...
Palladium - Intraday - We look to Buy at 1646.1 (stop at 1626.3) We are trading at oversold extremes. Bespoke support is located at 1650. Offers ample risk/reward to buy at the market. With signals for sentiment at oversold extremes, the dip could not be extended. Our profit targets will be 1695.6 and 1705.6 Resistance: 1660 / 1675 / 1697 Support: 1646 /...
Up Trend in green is evident Price may fall to this level and then recover in a strong fashion This is shown with the green bars pattern Weekly timeframe
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
AMEX:SPPP 80% of Palladium comes from two main countries like South Africa and Russia. Since Dec 16th, 2021 Palladium has grown 68% in 72 days, less than 3 months. Palladium prices will potentially increase due to the supply pressures of palladium not moving from Russia due to the tougher sanctions stemming from the Ukrainian invasion. Roughly 50% of the worlds...
Thesis: Russia/Ukraine tensions threaten to disrupt the global supply of Palladium- a precious metal used to produce semiconductor chips. Small chip producers, particularly in smaller countries like Taiwan, companies may not be able to get their hands on enough supply. Palladium prices may increase if that happens....Plus, from a TA perspective...check out the...
Why am I long on Palladium? - The majority of palladium supply comes from Russia and Ukraine, and with current economic conditions, a supply shortage (aka price increase) is likely. -Inflation is out of control in. When almost every other country's currency bleeds against the US dollar, this is not a good sign. Precious metals to the moon! - A bounce off the long...
Hi TRADERS this is my trade set up for PALLADIUM for the new week ahead PALLADIUM I am expecting a break above the 22066.50 level , so I am only looking for a buy trade after this break out This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good...
PALLADIUM (XPDUSD) has given a breakout from falling trendline and is sustaining above it. We are expecting bulls to continue their attack and break all minor resistance. A buy on dip stance should be adopted with calculated risk one can ride the uptrend. Trade your levels accordingly.
As I mentioned in our previous analysis, we considered the price correction to the specified levels to be possible, which happened now that we are trading at the end of the week. . And we predict growth up to specified prices. Also, the well-formed M model has been completed and we will be deciding to start a bullish price rally in the coming days .Otherwise the...
An idea suggesting bull continuation for palladium Price can be seen to be sitting right on 4.618 of a trend that was drawn within the bull structure This is a possible recovery point It also aligns nicely when a trendline is drawn across the top of the two circles, providing a possible target The green lines are strong support areas if the bull idea does not...
What is PALL ETF? PALL is first in the space that focuses on palladium exposure in an ETF. The fund tracks the movements in palladium spot price, by providing focused exposure to palladium held in JPMorgan vaults in London and Zurich. ... PALL is structured as a grantor trust preventing trustees from lending the underlying metal.