littleriver

GANN PALLADIUM DAILY

NYMEX:PA1!   PALLADIUM FUTURES
138 3 0
This chart is again more Gann Fan study. The chart is composed of more fans than I care to explain. However , the important thing to be drawn from this chart is the purple band. I know I could just draw a trend line and be done with it but the fans really give a visual representation of what a trend line really is and also help one judge the strength of that trend line . The purple band ( trend line ) is very wide and quite strong. After palladium             price fell below the purple band mid 2012, it has tested the purple band twice and failed twice. We are now setting up for a third test of the purple band. Fail again and the trend will most likely be down. Cross it and the price may go much higher.
Purple band seems indicating the trend but i don't see any entry points at the moment
snapshot
Reply
What is the huge bar on Friday? is it a mistake?
Reply
I think so . last spot price 749.08. What do you think of the purple band?
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out