The technical side aligns well, Volume is going up.
CCI divergence is strong.
Huge potential upwards, especially long term 10 years. Since the price is very low. I mean, the production costs of palladium are around this level
Palladium ETF better than CFD instrument if you want to capture the full potential.
Said that. This week is full of data, with CPI on...
With rate cut questions fueled by the West's bumbling towards another Mid-East war, palladium bears have returned the recent pump to sender with a vengeance. Factor in more EVs and the future for the PGMs looks bleak, right? But a closer look suggests not is all as it seems for these precious metals with their unique properties.
A recent Reuters article from...
Palladium is one of the most clearly bullish commods in a secular bull market... could see around 1k if current support goes (which seems likely at the moment)...
They say only deaths and taxes are certain, and yet palladium's recent pump and dump has been so clockwork it puts German trains to shame. They also say markets never travel in straight lines, but clearly they haven't traded palladium which has now retraced all the way back to where it pumped from. On the 4 hourly chart, the precious metal has been swimming with...
After a fantastic pump, the profit taking dump has been relentlessly orderly and is now at a crossroads. Currently bouncing off the .786 Fib, will we see a bullish trend emerge with a higher monthly high, or will demand continue to lag and its bear channel resume? One thing that may be worth considering here is palladium's importance in hydrogen energy production....
Palladium is heading a little further downwards: the price is now drilling deeper and deeper into our turquoise Target Zone (coordinates: $1092 - $997). We expect that the low of wave B in turquoise will be deposited within this price range and that the trend reversal to the north will then succeed, which should subsequently bring us the price increases in wave C...
Palladium had been in a bearish channel for some time, but after a double bottom it's gone W in a big way. That way has been nearly vertical but is now looks exhausted. Having been rejected from the 1.618 Fib, profit taking will be next as everyone gets ready to race for the door. Looking closer on the 4H chart, the 50MA is about to cross up over the 200, which is...
Trading Idea: Buy PAUSD (Palladium)
A decline in CME Palladium's commodity price has been observed over the past three months.
Idea core logic:
This long trading strategy identifies commodities with current prices that are significantly higher than their 200-day, 50-day, and 21-day moving averages. The strategy also looks for commodities with an exponential...
Palladium is the MOST mis understood precious metal...
When it goes drastically DOWN, it sets up the stage for silver (and gold) to SKY ROCKET.
We are APPROACHING that moment.
Wen moon?
#palladium #gold #siler
Palladium, we are approaching the most important level,where i will be very attentive and looking for reversal to go long, if we lose this support next leve will be the poc at around 750
In the price action of palladium futures, recent development has been the emergence of an inverse head and shoulders pattern.
This technical formation, characterized by a temporary dip followed by a rise and then another dip, has garnered the attention of traders and investors, who are closely monitoring the implications for future price movements.
The...
The breathtaking rally in palladium appears to be coming to the end.
Rising supply and slowing demand are undermining the price of a metal used to neutralize car exhaust emissions.
Palladium, once the cheapest of the major precious metals, soared from under $500 an ounce in 2016 to over $3,400 last March, leaving platinum and gold far behind.
The reason for the...
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.
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...
