AMEX:SPPP 80% of Palladium comes from two main countries like South Africa and Russia. Since Dec 16th, 2021 Palladium has grown 68% in 72 days, less than 3 months. Palladium prices will potentially increase due to the supply pressures of palladium not moving from Russia due to the tougher sanctions stemming from the Ukrainian invasion. Roughly 50% of the worlds...
Thesis: Russia/Ukraine tensions threaten to disrupt the global supply of Palladium- a precious metal used to produce semiconductor chips. Small chip producers, particularly in smaller countries like Taiwan, companies may not be able to get their hands on enough supply. Palladium prices may increase if that happens....Plus, from a TA perspective...check out the...
Why am I long on Palladium?
- The majority of palladium supply comes from Russia and Ukraine, and with current economic conditions, a supply shortage (aka price increase) is likely.
-Inflation is out of control in. When almost every other country's currency bleeds against the US dollar, this is not a good sign. Precious metals to the moon!
- A bounce off the long...
Hi TRADERS this is my trade set up for PALLADIUM for the new week ahead
PALLADIUM I am expecting a break above the 22066.50 level , so I am only looking for a buy trade after this break out
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
PALLADIUM (XPDUSD) has given a breakout from falling trendline and is sustaining above it.
We are expecting bulls to continue their attack and break all minor resistance. A buy on dip stance should be adopted with calculated risk one can ride the uptrend.
Trade your levels accordingly.
As I mentioned in our previous analysis, we considered the price correction to the specified levels to be possible, which happened now that we are trading at the end of the week. . And we predict growth up to specified prices. Also, the well-formed M model has been completed and we will be deciding to start a bullish price rally in the coming days .Otherwise the...
An idea suggesting bull continuation for palladium
Price can be seen to be sitting right on 4.618 of a trend that was drawn within the bull structure
This is a possible recovery point
It also aligns nicely when a trendline is drawn across the top of the two circles, providing a possible target
The green lines are strong support areas if the bull idea does not...
What is PALL ETF?
PALL is first in the space that focuses on palladium exposure in an ETF. The fund tracks the movements in palladium spot price, by providing focused exposure to palladium held in JPMorgan vaults in London and Zurich. ... PALL is structured as a grantor trust preventing trustees from lending the underlying metal.
Idea for palladium
A bullflag has formed just below a key fib level
This will likely break the level and push it higher
The open moving averages is a very bullish sign as seen in the comparison to BTC during the 2017 bull run
Previous thoughts on Palladium
Currently above major trendline
I assume this structure that is forming will break down into the wedge / triangle that has formed below, that will be the optimal entry point above the trendline of the spiral.
Bullish since the beginning.
Two scenarios I'm tracking for Palladium.
The first is the confirmation of the Inverted head and shoulders and bullish from current level, the second is a confirmation of a bearish flag and a bounce back from the dynamic support.
I'm showing you how my very profitable Palladium USD strategy worked out very well :)
Check out how this system nailed the perfect entry for XAU USD ( Gold ). Press play to check this Ground-breaking result!
*Richimoku ( Advanced Ichimoku Kinko Hyo with 4 Clouds! )
*Kumo Waves (Indentify divergences, trends, investor sentiment.
Know First. Act Faster. A...
After a massive dump, over 6% on the 11th Nov, we are seeing great support at $2300 to $2350.
Based on the MACD and the RSI indicators, we can conclude that the downside risk is lowered and the momentum is shifting back to the upside.
Great entry points for a potential breakup are between $2330 to $2350.
Break up take profits are as follows:
Caught a lovely little buy today from 2163, Looking to close around that resistance line of the possible wedge. I'll then be carefully watching to see whether it breaks out or acts a resistance and pulls back to bottom support. Either way, SL past entry..Time to just not let those emotions get in the way, Hold onto some winners and go for a walk. For now B1GFUDG3...