Palladium (XPDUSD) is in the process of forming an Inverse Head and Shoulders (IH&S) pattern as it approaches its 1W MA50 (blue trend-line), which has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower...
This is my Setup to go Long on XPDUSD . Market is bullish on 4 Hour-time. We have identified an area where market has taken liquidity before going upward, so this area with a shadow of wick important for the market go mitigate. Traders may look wait for LTF confirmation before entry.
With Palladium hovering around the $1046 mark, investors are navigating a complex landscape shaped by shifting market dynamics and economic indicators. Employing a seasonal approach akin to our previous analysis on Silver, we observe that Palladium has historically experienced significant declines during this period over the past 15 years. This seasonal pattern,...
Palladium - 24h expiry Selling was posted yesterday but levels close to bespoke support of 1000 have found buyers. 1000.2 has been pivotal. We look to buy dips. Daily signals are mildly bullish. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We look to Buy at 1005.5 (stop at 985.5) Our profit targets will be 1055.5 and 1065.5...
XPDUSD chart is printing Sideways Trend. for trade in 1h time frame, first selected 4h time frame and use Line chart to make Support and Resistance levels with horizontal lines at it's Peak and Low levels. 1st Trade Strategy is doing short from 1st Resistance Level. Sell Limit: Entry Price at R1 with Stop Loss above at R2. 2nd Trade Strategy is doing long from...
- XPDUSD is currently moving in a range. - The high of the range is 1044.310, while low of the range is 966.712. - Trade plan has been in place in case of both both bullish or bearish breakout.
I shared my view on XPDUSD (Palladium) in this short video. checkout the key levels highlighted. Your opinions are welcome.
Longterm downstream trend is in progress, a shortterm up trend has been broken and re-tested, expect to see a test towards 857 till the mid of May 2024.
Palladium (XPDUSD) has been trading within a Channel Down pattern since the October 04 2022 High and the recent Feb 13 2024 Low rally is approaching the 1D MA200 (orange trend-line). This is where the last Lower High of the Channel Down was priced (Dec 22 2023), thus a sell opportunity is being presented. On top of that, the 1D RSI just hit the 70.00 overbought...
Palladium seems to be in a logarithmic channel of which it is currently touching the bottom. If it follows previous cycles it should top at around 5K USD around mid 2025
Hi 1.HTF ascending channel 2.double buttom 3.Bullish impulse 4.Head n Shoulder Pattern Wait for breakout from the right Shoulder to confirm the bullish move
I am uploading this video, providing update on Gold and Silver where we left in our previous videos. Sorry for the background noise.
Platinum and palladium are both used in automotive catalytic converter manufacture. Palladium is dropping to the point where it may well cross over the price of palladium. At this point catalytic converter manufacturers would want to switch from Platinum to Palladium and/or hedge Palladium to protect against future price rise. Watch for the crossover and then...
Massive divergence in palladium forming. Falling wedge. Monthly chart & RSI also incredible. Supressed for years.
Palladium - 24h expiry Yesterday's Marabuzo is located at 973. Our short term bias remains positive. We look for gains to be extended today. Preferred trade is to buy on dips. With signals for sentiment at oversold extremes, the dip could not be extended. We look to Buy at 973.5 (stop at 953.5) Our profit targets will be 1023.5 and 1033.5 Resistance:...
TVC:PALLADIUM sinking since 2022, fast. The price fell from over $3000 to below $1000. The pain however might end in 2024. The recovering auto sector, jump in manufacturing PMIs and future rate cuts might give TVC:PALLADIUM some breathing room. ETF holdings of gold, silver and platinum all fell in the last year while the palladium holding rose by %20 and more...
Palladium is the Hotest commodity in Town... been in a secular uptrend and still has a lot of room to go!