XPD/USD "Palladium" Market Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPD/USD "Palladium" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Xpdusdlong
XPD/USD "PALLADIUM" Robbery plan to steal the money in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XPD/USD "PALLADIUM" Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Our other Long buy is in Palladium XAD USD
At the Asian Monday opening today Palladium XADUSD rallied strongly but then pulled back under the neckline of the H&S's patterns on the mid-timeframes.
See on the chart here where the RSI went into the overbought condition over 70 and it's RSI then pulled back to the 50 but in the last little while the RSI has broken out again.
It has a lot of hightime-frame Stochastic strength and looks to be making a big move today with these bullish H & S patterns.
XPD USD - Sold-off relative to Gold/Silver- Crossing-up Monthly
See here for Palladium which I am also keen on for Long-hold going into Mid-September.
Note the monthly RSI oversold & starting to cross-up on the Oscillator
The monthly Stochastic is doing the same!
Below is a Weekly-chart for Palladium
See my wedge lines broken in grey. See how price has crossed-up & wants to now move higher, backed by Weekly-Stochastic-Divergence & I like the Weekly MAC-D with 2 x cross-ups recently, that is usually a very good sign when you get 2 x like that.
See my yellow 9EMA which I soon see crossing above my dark-blue 50 EMA. That is a super-bullish cross when that occurs & when it occurs on the weekly chart....look-out! Price will be very explosive upwards.
Guys, I have only just now looked at the mid-time-frames. But what I see comes as no suprise because I start at the very high-time-frames & work down. It is so huge and bullish on the Monthly & Weekly it does not surprise me to see this on the 4HR.
That is, a very bullish Head 'n' Shoulders pattern on the 4HR which also appears to have retested & will explode upwards through the neckline in Monday trading, I would say 9 to 1 chance.
Here is the almost exact same setup on the 2 HR.
A 30 minute Chart is also sweet with EMA confluence and the 15M chart is similar.
I will put out a Long trade on this during Monday trading no doubt.
So far we have Silver & Palladium. I am 'holding-on' to the 4 x Gold long position I have & I hope to ride them into the end of September when I see the next possibility for a correction in the Gold price.
Regards,
Chris.
* Trading is risky. Please don't rely solely on my financial advice.
* If you do take any of my trades, I suggest you only ever risk 0.25% - 0.5% of your total Capital on any given trade.
My trades have fantastic RR. Not this 1:1 crap you will get from a subscription service. But it's much more than my ego.
Here is why:
Say you risk 2% per trade like the gurus tell you.
If you have a 20K account & have 10 losing trades in a row, your account diminishes by $4000, so you now have a 16K account.
If you risk 0.25% per trade as I suggest. Here is the maths.
If you have a 20K account & have 10 losing trades in a row, your account diminished by a mere $500 compared to losing $4000 when you risked 2%.
You now still have $19,500 and you have not ruined your Psychology.
I have been trading a long time & 0.25% to 0.5% seems to be the sweet spot.
XPDUSD / PALLADIUM Bullish Robbery Plan to steal the moneMy Dear Robbers / Traders,
This is our master plan to Heist XPDUSD Palladium Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
XPDUSD PALLADIUM bULLISH rOBBERY pLANMy Dear Robbers / Traders,
This is our master plan to Heist XPDUSD PALLADIUM market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone Pink MA that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Stop Loss : Recent Swing Low using 4h timeframe
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Palladium XPDUSD Bullish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist PALLADIUM XPDUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Palladium's intraday rallies continue to attract sellers.XPDUSD - 24h expiry
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
20 4hour EMA is at 946.
Risk/Reward would be poor to call a sell from current levels.
We look to Sell at 945.8 (stop at 961.8)
Our profit targets will be 905.8 and 898.8
Resistance: 940.0 / 959.4 / 980.0
Support: 931.1 / 918.3 / 902.0
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Palladium to find buyers at current dip?Palladium - 24h expiry
Selling was posted yesterday but levels close to bespoke support of 1000 have found buyers.
1000.2 has been pivotal.
We look to buy dips.
Daily signals are mildly bullish.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
We look to Buy at 1005.5 (stop at 985.5)
Our profit targets will be 1055.5 and 1065.5
Resistance: 1032.1 / 1051.4 / 1060.0
Support: 1015.0 / 1000.2 / 984.5
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Palladium keeps finding support at the trend line.Palladium - 24h expiry -
Offers ample risk/reward to buy at the market.
We are trading at oversold extremes.
Trend line support is located at 1420.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look for a temporary move lower.
We look to Buy at 1421.2 (stop at 1397.1)
Our profit targets will be 1481.1 and 1491.1
Resistance: 1475 / 1490 / 1500
Support: 1450 / 1435 / 1420
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Palladium ready for some upside?Palladium - Intraday - We look to Buy at 1474.1 (stop at 1450.1)
Short term bias has turned positive.
Previous resistance at 1475 now becomes support.
We are trading at oversold extremes.
We look to buy dips.
We look for gains to be extended today.
Our profit targets will be 1534.1 and 1544.1
Resistance: 1515 / 1527 / 1540
Support: 1490 / 1475 / 1450
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Will XPD find support at oversold extremes?Palladium - Intraday - We look to Buy at 1646.1 (stop at 1626.3)
We are trading at oversold extremes.
Bespoke support is located at 1650.
Offers ample risk/reward to buy at the market.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 1695.6 and 1705.6
Resistance: 1660 / 1675 / 1697
Support: 1646 / 1630 / 1600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Buying XPD at current swing lows.Palladium - Intraday - We look to Buy at 1755.1 (stop at 1729.2)
Short term bias has turned positive.
Levels below 1755 continue to attract buyers.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look to buy dips.
We are trading at oversold extremes.
Our profit targets will be 1819.8 and 1829.8
Resistance: 1800 / 1820 / 1830
Support: 1770 / 1755 / 1740
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Buying XPD breakout.Palladium - Intraday - We look to Buy a break of 1734.1 (stop at 1708.9)
A bullish reverse Head and Shoulders is forming.
A break of the recent high at 1733.4 should result in a further move higher.
bearish engulfing candle on the 4 hour chart is negative for sentiment.
We look for gains to be extended today.
Our profit targets will be 1796.7 and 1806.7
Resistance: 1705 / 1733 / 1750
Support: 1690 / 1670 / 1650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Palladium posted double bottom.Palladium - Intraday - We look to Buy a break of 1814.1 (stop at 1789.8)
We are trading at oversold extremes.
A break of the recent high at 1813.3 should result in a further move higher.
Posted a Double Bottom formation.
The bias is to break to the upside.
Our profit targets will be 1869.9 and 1874.9
Resistance: 1814 / 1830 / 1850
Support: 1800 / 1780 / 1750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Buying XPD at trend line support.Palladium - Intraday - We look to Buy at 1865.1 (stop at 1842.9)
Trend line support is located at 1865.
Bespoke support is located at 1850.
We look to buy dips.
We look for a temporary move lower.
We are trading at oversold extremes.
Our profit targets will be 1918.8 and 1924.8
Resistance: 1930 / 1958 / 1987
Support: 1900 / 1880 / 1850
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Buying Palladium at previous resistance.Palladium - Intraday - We look to Buy at 2036.1 (stop at 2011.1)
Short term momentum is bullish.
A lower correction is expected.
Previous resistance, now becomes support at 2040.
We look to buy dips.
20 4hour EMA is at 2031.
Our profit targets will be 2098.6 and 2108.6
Resistance: 2105 / 2130 / 2150
Support: 2075 / 2040 / 2020
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
XPDUSD LONG - Buy Entry - D1 ChartXPDUSD LONG - Buy Entry - D1 Chart - Palladium
Buy @ Market
Symbol: XPDUSD - Palladium
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 3179.58
TP - BE - Resistance @ 2704.59
Support @ 2443.23
W1 Support @ 2300.05
PP Y1 - Pivot Point Yearly @ 2141.43
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XPDUSD LONG - Buy Entry - H4 ChartXPDUSD LONG - Buy Entry - H4 Chart
Symbol: XPDUSD - Palladium
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Entry Price: Buy @ Limit 1747.61
Stop Loss: 1701.60
Take Profit: 1878.90
Take Profit: 1943.31
Major Resistance @ 1812.02
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
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.
XPD/USD 4h analysis possible buy Hello everyone , as we all know the market action discounts everything :)
The XPD/USD seem to continue its movement in an upward channel, there are 3 different scenarios that am seeing the right now :
1_The price will drop down to the old resistance line which is the support line now at 2712.474 and then bounce back up and maybe breaking the new resistance line at 2747.800 which if that happen thats a great bullish mark , where we could use it to trade breakouts.
if you dont know what is a breakout then watch this
2_The price would continue the bullish movement and reaching the resistance line at 2747.800 and breaking out which could be a great buy opportunity
3_The price will reached the support line at 2712.474 and if the price breakout that support line it would be a confirmation that the price will drop down and it a possible sell signal
Using different indicators showing that the market is bullish so scenarios 1 or 2 is more possible then the 3 :
1_The market price is moving above the MA and EMA (bullish sign)
2_The RSI is at 64,99 showing strength is the market and could be reaching overbought zone at 70 (bullish sign)
3_The MACD seems to be gaining more momentum with the trend going through a positive crossover for now (bullish sign)
Support & Resistance points :
support Resistance
1_ 2719.46 1_2738.34
2_ 2710.04 2_2747.80
3_ 2700.58 3_2757.22
Fundamental point of view :
One-month risk reversal on Palladium (XPD/USD), a measure of the spread between call and put prices, not only snaps a two-day uptrend but also marks the heaviest fall since last Thursday, according to data source Reuters.
A call option gives the holder the right but not obligation to buy the underlying asset at a predetermined price on or before a specific date. A put option represents a right to sell. That said, the daily difference between them slumps to -0.012 by the end of Wednesday’s trading session, per Reuters.
The moves could be linked to the XPD/USD price performance that prints a three-day uptrend of around $2,650 by the press time of early Thursday.
As the options market signal favors the palladium bears, sluggish momentum amid the pre-ECB caution and a light calendar tests the commodity traders. according to fxstreet
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This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view , not financial advice.
If you have any questions please ask and have a great day !!!
Thank you for reading.