Short Palladium @ 1037.00; TP @ 995.00, SL your choiceShort Palladium @ 1037.00; TP @ 995.00, SL your choice
Palladium
#Palladium spread over #Platinum will continue to increaseReuters had an article last month about palladium and platinum www.reuters.com
I think the spread will continue to increase in favor of palladium. there are fundamental reasons (higher demand for palladium, higher autocatalyst recycling) and TA shows further appreciation of palladium.
#Palladium price forecast for 2018 @ $1,200-1,300I think we are currently in 3rd macro wave, and 3rd impulsive micro wave will end around $1,200-1,300 by the end of 2018, which means there is still room for price increase by around 10%.
From a macro perspective, 2019 could be a bearish year due to the ongoing price rally. After a potential retreat, next price target could be above $2,000 but we need additional data to speculate.
For the short run, if palladium can pass over $1,100, which is a strong resistance, the price rally can gain more power for the higher levels.
2nd Short Palladium @ 1070; TP @ 1,000, SL your choice2nd Short Palladium @ 1070; TP @ 1,000, SL your choice
Palladium FUTURES - D1 LONGClear uptrend channel has formed, indicators support upward movement.
Currently monitoring
Long Term View on PalladiumHere we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
""An entry that may Triple your account"" Element 46 My fellow traders,
This evening, I post my insight for two reasons.First, you may notice what thing is reaching 16 years highest.Then, you will recognize my analysis and get huge profit.
....
The element 46, Palladium is reaching high price zone now and can open SELL position from now. In 2001, the price reached 1100 zone and drop sharply as shown in chart and now the same situation is happening and you can trigger SELL positions and can make your trading account triple in 3 months.Forex is just zero-sum market and a lot of money are in the price pool of Palladium. Time to sell !!!
..
Good luck to all traders.
Sieg Heil !!!
Palladium - 60 - Short - Trend AnalysisPlease do not trade based on my ideas. I am a novice and post for interest's sake only.
Palladium closed below a steep upward trendline on Friday at the hourly. Daily and weekly the trend is still upwards, however it has kissed a resistance line again at about 1,000.
I also note a divergence in volume suggesting the upward trend may be coming to an end. (I'm still learning this one please correct me if I am wrong).
I note that the peak this week was lower than the previous high.
It seems crazy to short palladium, but a trend must end somewhere.... This feels risky. Small trade and short stop for me. Wish me goodluck :)
SH
PALLADIUM/XPDUSD - D - LONGDear traders,
Here is a new LONG signal on PALLADIUM/XPDUSD :
Entry : 922.698
SL : 907.531
TP1 : 941.12
TP2 : 959.295
Reasons for this long : After the very nice long we had last month, I've waited for this correction before re-entering this long. Metals have taken quite a beating recently, but I do see global trend as bullish.
Trade with your own diligence,
GL HF
"Trade what you see not what you think" Bearish SentimentValidated confluences
1.Support broken resistance validated
2.Daily Trend line broken on daily
3.Opposing level breached by short sellers (major validation)
4.Profit margin 1:3
Palladium with breakoutThe picture in the palladium is bullish.
Applications:
The largest use of palladium today is in catalytic converters. Palladium is also used in jewelry, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, and electrical contacts. Palladium is also used to make professional transverse (concert or classical) flutes. As a commodity, palladium bullion has ISO currency codes of XPD and 964. Palladium is one of only four metals to have such codes, the others being gold, silver and platinum. Because it absorbs hydrogen, palladium is a key component of the controversial cold fusion experiments that began in 1989.
With the break of the last high at 930, there is a lot of space to the up site. At the same time, the now available support can be used as a stop loss level. This results in a trade with a risk-reward-ratio of 1:4.
Palladium, daily: Long, Window continuation pattern- Prices gapped up causing a window
- Expecting prices to pullback towards the window, which will act as support
- If selling pressure continues through below the window, go short
Short Palladium @ 895.00; TP 877.00, SL your choiceShort Palladium @ 895.00; TP 877.00, SL your choice
Palladium Struggling around $900.00 If Palladium cannot hold $900 I am bearish longer term.
Notice Weekly and Monthly candle close for better understanding.
Use risk management when trading always.
PALLADIUM: STILL UPTREND BUT EXPECTING A STRONG BREAKDOWNPALLADIUM is in a strong uptrend on daily but it's reaching a potential topping level. I'm expecting a strong breakdown for this rising wedge.
PALLADIUM/XPDUSD - D - LONG - TDIIt's an unusual trade. Everytime we open a trade we look at the bigger picture. In case of Palladium, it's already very high, close to highest price of history. So this is not a usual place to buy. But this is because it's not a usual place to buy that's we open a LONG. We have a breakout on daily, confirmed by 4H. We could see a retest of previous high around 915. Stoploss is here to stop bleeding if we are wrong (and with the market, we can always expect to be wrong!). Trade with care!
GL HF
Palladium Bullish CypherSeptember Palladium is showing some signs of more upside in a turn around at 839.4 rejecting a fall to 820. Upside target is 878.05 if bulls can put Palladium above the 20 day moving average at 853.2. Looking for a double top outcome at 897.8.
