PALLADIUM has started a massive 3-year rally. Don't miss it.We first published this Palladium (XPDUSD) chart exactly 4 months ago (August 06, see chart below) and it is the appropriate time to update it now:
As you can see, we gave the buy signal exactly on the market bottom which was in fact a Triple Bottom. The rebound broke above the 1W MA50 (blue trend-line), a Resistance that was unbroken since the week of October 10 2022, and technically confirmed the uptrend and the trend reversal from bearish to bullish. The pattern that is carrying this uptrend is a Channel Up and in November in fact, it respected both the Higher Highs and Higher Lows trend-lines.
As mentioned on that August analysis, Palladium formed the very same Channel Up after both previous major market bottoms (Bear Cycles) since the December 2008 bottom of the U.S. Housing Crisis. All Channel Up patterns (the current is the 3rd one), started after the 1W RSI formed Higher Lows against the price's Lower Lows, which is a Bullish Divergence. They broke out once the 1W RSI made the first pull-back on the Arc shapes you see on the chart, indicating a normalization on the initial buying pressure at the bottom.
Obviously, this is a recurring technical cyclical pattern, formed on a 6-year Cycle. With the use of the Sine Waves we can accurately display the previous bottoms (January 11 2026 and December 01 2008) and to a fair extent the tops (we can argue that those are formed on the 3rd Lower High (red circles) on the 1W RSI Lower Highs trend-line).
Needless to say, we still expect Palladium to reach at least the 'Russia-Ukraine war peak' at 3450 by mid 2026 - mid 2027. If you want to go beyond that, technically, it can extend as high as $4780, which would represent a +451.52% rise from the recent 2024 bottom. The previous two Bull Cycles rose by +533.56% and 451.52% respectively, which also represents they high degree of symmetry within Cycles.
In any event, the current levels remain a unique buy opportunity on a 3 year horizon if you are a long-term investor.
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Palladiumsignals
PALLADIUM Bullish Cross on MACD sets the tone.Palladium (XPDUSD) has been rising since the 1D Golden Cross (October 07) and on top of the 1D MA50 (blue trend-line) since September 09. We view this as the emergence of a Channel Up, currently on its 2nd Bullish Leg, aiming for the next Higher High.
The 1D MACD is on a Bullish Cross, and that's all we need to confirm the continuation of the rise. Our first Target is near the top (Higher Highs trend-line) at 1200. After that and if a potential subsequent pull-back holds the green zone, we will turn bullish again towards 1270.
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Palladium Setup: Break 1119-1121, Targeting 1900 TP Good morning, trading family.
I see a potentially great trade setup with Palladium. If we break through 1119-1121, there’s a strong chance we could hit 1900. The ROI looks very promising. Set your alerts, manage your risk, and let’s see how this one plays out.
Mindbloome Trading
Trade What You See
PALLADIUM Double bottom calls for a buy after the 1W MA50 breaksWe recently (August 06, see chart below) made a multi-year projection on the trend of Palladium (XPDUSD) as we saw a cyclical bottom buy opportunity that takes place roughly every 6-7 years:
This opportunity has been confirmed even on the lower 1D time-frame where the price made a Double Bottom. What's left to conclude the bullish break-out signal is a break above the 1W MA50 (red trend-line), which has been holding as a Resistance for almost 2 years (since October 14 2022). If that happens, it will also be a break above the 8-month Lower Highs trend-line.
At the same time of that potential 1W MA50 break-out, we should form a 1D Golden Cross, which is a pattern we haven't see since March 10 2022.
As a result, when the 1W MA50 breaks, you can buy with more confidence long-term. Our 1st Target will be 1250 (Resistance 2) and 2nd at 1400 (just below the 0.382 Fibonacci retracement level).
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PALLADIUM Will be among the biggest winners of this correction.Palladium (XPDUSD) is in the process of forming a Double Bottom on February's Low, following the rejection on the 1W MA50 (blue trend-line). That level has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower Lows, which is a Bullish Divergence.
Technically this is a recurring cyclical bottom formed on a 6-year Cycle as the previous ones (January 11 2026 and December 01 2008). All took place on a 1W RSI Bullish Divergence. We expect Palladium to reach at least the 'Russia-Ukraine war peak' at 3450 by mid 2026 - mid 2027.
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PALLADIUM Trend changing from bearish to bullish.Palladium (XPDUSD) gave us the most optimal sell entry on our March 15 (see chart below) sell signal:
Now however it is time to take profit on that trade before the projected Target as the 1D RSI Double Bottomed, while the price is on Lower Lows. Even though this isn't a direct Bullish Divergence, when RSI Double Bottoms were formed along price Lower Lows, Palladium always started a rally, at a minimum of +21.30%.
As a result, since the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) are squeezed the closest they've been to each other since November 2022, we turn bullish now, targeting 1090 (+21.30% rise).
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XPDUSD Monumental buy at the bottom of the 6-year Cycle.Palladium (XPDUSD) is in the process of forming an Inverse Head and Shoulders (IH&S) pattern as it approaches its 1W MA50 (blue trend-line), which has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower Lows, which is a Bullish Divergence.
We can see that this bottom is on a 6-year Cycle as the previous ones (January 11 2026 and December 01 2008) also took place on a 1W RSI Bullish Divergence forming an IH&S pattern. We expect Palladium to reach at least the 'Russia-Ukraine war peak' at 3450 by late 2025 the earliest or late 2027 the latest.
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XPDUSD Sell opportunity near the 1D MA200.Palladium (XPDUSD) has been trading within a Channel Down pattern since the October 04 2022 High and the recent Feb 13 2024 Low rally is approaching the 1D MA200 (orange trend-line). This is where the last Lower High of the Channel Down was priced (Dec 22 2023), thus a sell opportunity is being presented. On top of that, the 1D RSI just hit the 70.00 overbought barrier.
As a result, we turn bearish on Palladium, targeting just above the Support 1 level at 865.00. We will turn bullish only if the price breaks above Resistance 1 and then pulls back to the 1D MA50 (blue trend-line), targeting 1630 (just below Resistance 2).
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XPDUSD on the verge of a long-term bullish break-out.Palladium (XPDUSD) has been trading within a Channel Down pattern since the October 04 2022 High. Today though, the price broke, marginally so far, above it for the first time after a strong post-Fed 1D candle. This rise was initiated on a Lower Lows trend-line but on an underlying Bullish Divergence as the 1D RSI was during the same period on Higher Lows.
This was the first signal of a potential long-term bullish break-out and a break (and 1D candle closing) above both the Channel Down and more importantly the 0.382 Fibonacci retracement level (which is where the April 18 2023 High was rejected), will be the confirmation.
If it happens (closing 1D candle above it), then we will buy and target the 1D MA200 (orange trend-line) at 1255.00, which is slightly below Resistance 1 (1291.00). A further closing above Resistance 1, will be new break-out buy entry, with which we will target slightly below Resistance 2 at 1625.00.
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XPDUSD Price rebounding at the bottom of the Channel Down.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 sequence within this period has been +9.00% so a 1185 target perfectly fit those criteria as well as a potential contact with the 1D MA50.
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Palladium Outlook for the Next 3 MonthsSpot 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 months is uncertain. On the one hand, the global economy is expected to slow down in the second half of 2023, which could put downward pressure on palladium prices. On the other hand, there are a number of factors that could support palladium prices in the coming months.
These include:
Rising demand from the automotive industry: Palladium is a key component in catalytic converters, which are used to reduce emissions from vehicles. As the global economy grows and more vehicles are produced, demand for palladium is expected to increase.
Supply constraints: The supply of palladium is relatively limited, and there are concerns that supply could be further constrained due to sanctions against Russia, a major producer of palladium.
Inflation: Inflation is expected to remain elevated in the coming months, which could make palladium an attractive investment for investors seeking a hedge against inflation.
Overall, the outlook for spot palladium in the next 3 months is uncertain. However, there are a number of factors that could support palladium prices in the coming months. Investors who are looking for a hedge against inflation or supply constraints may want to consider investing in spot palladium.
How to Trade Spot Palladium
There are a number of ways to trade spot palladium. One way is to buy and sell physical palladium bars or coins.
This is the most direct way to invest in palladium, but it can also be the most expensive. Another way to trade spot palladium is to buy and sell futures contracts on the London Platinum and Palladium Market (LPPM).
Futures contracts are a type of derivative that gives the buyer the right to purchase or sell a certain amount of palladium at a specified price on a specified date. Options contracts are another way to trade spot palladium. Options contracts give the buyer the right, but not the obligation, to purchase or sell a certain amount of palladium at a specified price on or before a specified date.
How to Trade Spot Palladium Options There are two main types of spot palladium options contracts: call options and put options. Call options give the buyer the right to purchase a certain amount of palladium at a specified price on or before a specified date. Put options give the buyer the right to sell a certain amount of palladium at a specified price on or before a specified date.
The price of a spot palladium option contract is determined by a number of factors, including the strike price, the expiration date, and the volatility of the underlying palladium price. The strike price is the price at which the buyer of the option can purchase or sell the palladium. The expiration date is the date on which the option contract expires.
The volatility of the underlying palladium price is a measure of how much the price of palladium is expected to fluctuate over time. To trade spot palladium options, you will need to open an account with a brokerage firm that offers options trading. You will also need to deposit funds into your account. Once your account is funded, you can place orders to buy or sell spot palladium options contracts.
Hedge Positions with Speculative Trading on the Stock Exchange
Companies that use palladium in their production process can hedge against the risk of changes in palladium prices by trading on the stock exchange. For example, a company that uses palladium in its production process might buy shares of a company that mines palladium.
This will help to protect the company from rising palladium prices, as the value of its shares will likely increase when palladium prices go up. Companies can also use options contracts to hedge against the risk of changes in palladium prices. For example, a company that uses palladium in its production process might buy put options on spot palladium.
This will give the company the right to sell palladium at a specified price, even if the market price of palladium falls. This will help to protect the company from losses if palladium prices fall.
Speculative trading on the stock exchange can be a risky proposition, but it can also be a way for companies to profit from changes in palladium prices. However, it is important to remember that speculative trading is not a guaranteed way to make money. Companies should carefully consider the risks and rewards before engaging in speculative trading.
Risk Warning
Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses.
Rating: Mixed Outlook
Risk Disclaimer!
The article and the data is for general information use only, not advice!
The Trade Academy R&D Team
Risk Disclaimer!
General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss.
XPDUSD Sell signal below the 1D MA50.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 as the price stays below the 1D MA50, we will stay bearish and target the middle of the Channel Down at 1050.
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PALLADIUM Buy opportunity on the 1D MA50.Last time we looked into Palladium (XPDUSD) is was almost a year ago:
This time the price has formed a Channel Up pattern after breaking above the dashed Lower Highs trend-line form the October 04 2022 High. The price is exactly on the 1D MA50 (blue trend-line) now, near the bottom of the Channel Up, which makes it a technical buy. Our target is the top of the Channel Up at 1685. A break below the 1420 Support, will be a sell signal instead, targeting the 2.0 Fibonacci extension at 1200.
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Palladium: Bear market rally continuesThe daily palladium chart shows some interesting technical developments.
On September 8, the price action saw a 4.5% daily gain, which broke both the 50-day and 200-day moving averages. Previously, the same breakouts also occurred on July 7 and 8, but in two separate sessions.
With the September 6 lows, a short-term bullish channel may have formed, supporting the palladium bear market rally thesis.
The area between $2,190 and 2,193 is where buyers are now encountering some sellers’ resistance.
If this hurdle is broken, the next one is situated at $2,233 (15 August high), and after that $2,300 (11 August high).
The MACD exhibited a bullish crossover at the zero line. On July 22, the same signal occurred, which then served as a driving force behind the rally to mid-August highs.
Palladium is 37% lower than its March peak, indicating that the major trend remains bearish. To revert this trend, palladium prices must rise decisively above $2,612 (50% Fibonacci retracement of 2022 low-high).
Idea written by Piero Cingari, forex and commodity analyst at Capital.com
PALLADIUM Buy signal to the 1D MA50.Palladium (XPDUSD) has been trading within a Falling Wedge pattern since late March and below the 1D MA50 (blue trend-line) since April 21. With the 1D Death Cross having been formed (when the 1D MA50 crosses below the 1D MA200), the market seems to be pricing a bottom, rather than preparing for a deeper fall. This is similar to the late September - October 2021 Support formation, which gradually rose above the 1D MA50.
As a result, with the 1D MACD also on a Bullish Cross, we are turning bullish on Palladium, aiming at the 1D MA50. Note that the ultimate long-term Support of the 1W MA300 is now above 1600. This is holding since January 03 2017.
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PALLADIUM DAILY BUY SET UPHi 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
good luck for this weeks trading
please like comment and follow
PALLADIUM (XPDUSD) Breakout !!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.
Palladium Update. it acted exactly according to the analysisAs 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 current level breaks and further correction to specified levels is less likely ....
PALLADIUM AnalysisAn 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 come to fruition
PALLADIUM - XPDUSD BULLISH CONTINUATION ON THE CARDSPalladium - Monthly chart is making a come back after falling off the cliff in the past few months. The drop can be viewed as a much needed correction in the overall bullish trend in the metals market. Price action is telling me that palladium prices have found the floor and now price looks set to bounce back up to possibly new highs in the next coming months to years.
PALLADIUM Best long-term buy opportunity.Palladium (XPDUSD) has been trading within a Fibonacci Channel and is turning into one of the best long-term investments as the price is approaching the MA200 (orange trend-line) on the 1W time-frame. This level has been in support ever since XPD broke parabolically to the upside (January 2017). At the same time, it happens to be resting exactly at the bottom of the Channel (Fib 0). Another indicator in support of a rebound is the CCI which is the nearest it's been to the June 2015 Support level.
As you see on this long-term chart, the potential growth of Palladium is immense as a break above the May High can trigger a parabolic rally towards the 3.0 Fibonacci extension (that happened with Fib 1.0 to Fib 2.0 in 2020. We are adding Palladium to our long-term portfolio.
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