Palladium (XPDUSD) has been trading within a Channel Down pattern since late June and on Monday the price hit its bottom (Lower Lows trend-line). As the 1D RSI touched the 30.00 oversold barrier on a Lower Lows formation that has previously formed short-term bottoms for Palladium, we expect a rebound towards the 1D MA50 (blue trend-line). The lowest rebound...
The global markets often react to geopolitical events, and the rising Middle East conflict is a prime example, drawing investors' attention worldwide.
This tension has amplified the demand for gold, a traditionally secure investment. The ongoing Israel-Hamas conflict underscores gold's safe-haven status.
Gold prices have surged by 9% since October 6th. Looking...
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.
I have Listed Silver, Copper, Platinum, Palladium, Aluminum, and Gold into one chart. These are 6 of the top Metals all in Heikin Ashi Candle form.
They all have their own complex Fibonacci Clusters within each one. It may look confusing at first. But understand that one set of lines are horizontal extensions and another set are angled extensions within each one.
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...
The world's largest producer of nickel and palladium has had rather lackluster performance in 2023 advancing half as the general Russian Index. And still I cannot get over his accurate price structure that hints that better days are potentially ahead.
I want the price to start forming the right side and later the handle of a cup, and break out above...
Palladium has been trading relatively sideways as its inside a low slope Channel Down pattern since June 27th. There is no surprise that the 1D technical outlook is neutral (RSI = 54.874, MACD = -7.340, ADX = 26.821). Consequently you can scalp the Channel's range on the short-term on trade the direction of the breakout on the longer one.
If the price delivers a...
In a post on Silver from June, I analyse that a run to $33 is on deck:
Silver - 33 Moons And An Options Opportunity
In the time that has passed, we've had two ~10% bounces that have been sold off.
To me, this is a peculiar pattern for a trendline play that leads to new lows in the immediate term future, and represents confirmation that $33 is on...
Hello Traders Investors And Community, welcome to this analysis where we are going to look at palladium, its price-action, and what we can expect from the future hours and days. It is one of the important metals and therefore a demanded exchange good in today's global economy. In my observations, I found some important and significant signs which will affect the...
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...
(Using 3-Day candles for visibility only. Consult weekly/daily yourself)
I have an open call on Gold in that I believe a new high will be set, but it won't actually be bullish, because metals are going to dump pretty hard in the future and try to make retail sell their bullion.
Gold - When A New ATH Prints, Will You Get Trapped?
I hadn't paid a lot of...
The noble metal of Palladium has undergone a robust correction of fifty percent since the waning days of March in the year 2022. This fortuitous circumstance has begotten a plethora of reasons for one to adopt a bullish outlook. They include..
1) Price action and RSI resistance breakouts.
2) Bullish divergence. Six oscillators now print positive divergence with...
The green trend line would be the optimal recovery point but the dashed line below is also suitable.
Bars pattern showing my thinking of how price will act.
The green line is a strong trend line.
I have Listed Silver, Copper, Platinum, Palladium, Aluminum, and Gold into one chart. These are 6 of the top Metals all in Heikin Ashi Candle form.
They all have their own complex Fibonacci Clusters within each one. It may look confusing at first. But understand that one set of lines are horizontal extensions and another set are angled extensions within each one.
Today's focus: Palladium
Pattern – Descending triangle / Range
Support – 1223
Resistance – 1320
• Palladium added 4.37% on Thursday
• Palladium and Platinum ignored USD strength to finish firm on Thursday.
Hi, and thanks for checking out today’s analysis. We’re looking at Palladium primarily in today’s video, but we have also mentioned Platnuim, as it also...
This is a follow up to my June 2 call for a new ATH on Gold, that will be bearish, instead of bullish:
Gold - When A New ATH Prints, Will You Get Trapped?
In the process of tracking this, price action did not meet expectations (in the sense that it has not traded low enough), and so I began to reconsider the overall topography of the market.
Also, right...
Palladium (XPDUSD) has been trading inside a Channel Down for almost a year. The price ic currently near the top (Lower Highs trend-line) of the Channel Down, just below the 1D MA50 (blue trend-line), which is intact since May 23.
The 1D RSI action shows that we are potentially in a similar spot as December 27 2022, when a deep Lower Low sequence started. As long...
![SI1!: Silver - 33 Moons [And An Options Opportunity]](https://s3.tradingview.com/w/wfktVlzq_mid.png "Silver - 33 Moons [And An Options Opportunity]")
