Bears in Hibernation ! If the trendline is held we can see a bounce at 1,500 If we lose 1,500, its time to take profit on longs if anyone has and look for good short opportunity
Palladium has had a run that can be described as nothing short of extravagant. Since bottoming out recently on the 16th August 2018, we have seen the price rally from $833 to the current high of $1615. To put it into perspective, that means the palladium price has basically doubled in a space of 7 months. With the recent inversion of the yield curve and markets...
Good weekend everyone, lets look at Palladium, a metal similar to platinum and very used on eletromechanics system like relays, also used on OIL industry as a catalyst. This metal has been on a very long term rally upside that never seens to stop, but, nothing go up or down forever. This week candle closed as a bearish pin bar and as we can see the volume is...
Here is my analysis on palladium. Although the raw material is very important for batteries of electric cars, it has now come in a resistance area, where I think it will not be so easy to shoot beyond. First, the red C = red A and the bracketed C is 1.618 * the length of the bracketed A. That would be a harmonious conclusion of the upward movement and now it would...
MMHVW so XPD have been the talk of the town recently - the metal used for catalyst conversion, hydrogens fuel storage and electrodes. With the move from internal combustion operated vehicles to EV’s and hybrid’s the demand for XPD will increase and could push price way higher. Reminder however that markets moves in waves dynamic and logarithmic, not static or...
=>For those following our previous idea on Palladium that know we have been looking for a meaningful top since December. The time has come for us to get to work on the sell side in Palladium with a 40% move to the downside in play. =>We've attached the previous idea for a technical breakdown ... feel free to open up the discussion here for those interested on...
Last post: March 18th 2019. See chart . Review: Price had just broken above the previous resistance level. Update: Price is currently in a deep pullback and has found support at a previous resistance level but the overall trend is still up. Conclusion: We have to see whether support will hold and if price can move back above the 50 simple moving average....
XPDUSD Palladium long swing trade setup based on pullback to .618 to .786 fib zone. We may get a bounce here off S1 where price is stalling or possible move further to S2 and S3. My entry long at S1 1553.529 today with a SL at S3 1513.582 and TP at R2 1608.117. Not financial advice.
Near $1566 is a great place to open Sell - Low risk - Price broke down a key level and many 4hour candles bounced down from that level many times - Potential profit in 5 - 10 times bigger. It is entry against maint trend Use low risk. Push like to support this idea.
It is no secret that Palladium is one of the biggest winner of the last 3 years. It's long term chart shows that there is even great upside potential. During 1996 - 2001 Palladium made a +879% rise before it consolidated for more than a decade. Palladium investors eye a similar pattern. The strongest reason behind this is the Palladium-to-Gold ratio. In 2000/2001...
Palladium has had a fantastic run for 2019 so far, primarily driven by declining global supplies mixed in with rising global demand. In fact, as a result of this trend, the metal has been up 24% so far year-to-date. However, despite this the stellar trend, recent price action has shown that the rally may be running out of steam. As can be seen, though the price...
It is no secret that Palladium is on a strong long term bullish trend, and we have discussed this subject on this comparison with Gold where we estimated a target of 1,367 (see the chart below). XPDUSD has even outperformed this target and is currently on a very interesting development where it can turn parabolic towards 1,800. Even if that doesn't...
As the price breaks out of parabola with clear RSI divergence on the daily. this is expected to retrace anywhere between 40 and 80% of the 500$ move. Initial target 1360 over the next month.
Last post: March 14th 2019. See chart . Review: Price was trending well and was approaching the previous resistance level. Update: Price has now broken out to the upside after being in the mini consolidation zone for a few weeks. Conclusion: We will now look to enter another position to add to our other positions which are already in good profit. Any...
Last post: November 30th 2018. See chart . Review: Price was trending well and making new all-time highs. Update: Price continues to create new all-time highs but is currently in a period of mini consolidation. Conclusion: We will look to enter more compounds on the next breakout. Any comments or questions, do not hesitate to leave them below. Give us the...
Palladium looks to be in a wave 3 zone currently. There is a lot of momentum in this chart currently so it could dip down fast and test close to top of wave 1 area which could be a good buy zone.
No. TO THE MOON! Thank you for your time, goodbye. But seriously, we have being going up for a while now, I think mainly due to supply issues, and after palladium became more expensive than gold, it has started to go parabolic. We are pulling back now, right at that price that was gold complacency support. I believe either the bubble will pop, or we are going to...