InvestingScope
Long

Palladium: Turning parabolic towards 1,800?

FX_IDC:XPDUSD   CFDs on Palladium
It is no secret that Palladium is on a strong long term bullish trend , and we have discussed this subject on this comparison with Gold where we estimated a target of 1,367 (see the chart below).

XPDUSD has even outperformed this target and is currently on a very interesting development where it can turn parabolic towards 1,800. Even if that doesn't materialize, the RSI shows that the target can be fulfilled either on the current 1D Channel Up ( RSI = 58.312, MACD = 34.870, Highs/Lows = 0.0000) or the Higher Low support provided by the previous Channel Up.


See our previous 1,367 target on the Palladium/ Gold comparison:





** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality signals (http://www.investingscope.com) for live buy/sell opportunities on a variety of financial assets.
PD has been one of my favorite investments for years now. Great fundamentals and technicals.
Reply
InvestingScope etfsandstuff
@etfsandstuff, Fully agree. The potential can be much higher and we'll prepare a long term price projection that may currently seem odd but technically very realistic.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 Send feedback Ideas Published Followers Following Private Messages Chat Sign Out