Upside Bias as Palladium found strong support around $850Palladium has found strong support around $850 and remains above the 200-day moving average (MA).
A bullish RSI divergence has formed on the weekly chart, and $850, previously a resistance level, has now turned into support.
However, a break and close below $850 would negate this bullish setup.
Important changes in the market today1.10.25 days like today are exciting days because are significant markets that are expanding. even though you may miss some opportunities or the markets appear to treacherous to you...
such as the copper Marketeven if you don't take a trade today the market is going to give you an opportunity as
PALLADIUM | XPDUSD: Prepare to SELL!Over the next couple of weeks, be ready to sell Palladium on the pullback! This is a ERL to IRL to ERL move in the making! Don't miss it!
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This could be the lowLooking at the RUS:PD1! contract:
After completing the three impulse waves (1, 3, 5) upward, Palladium futures entered a steep downward correction, reaching the final Fibonacci level (76.4%). It appears that the price is now forming the first green daily candle in a long time. With an upward-poin
Palladium: Analyzing the Recent Surge in PricesSince the beginning of August 2024, Palladium has experienced a notable surge in value, reaching approximately $1,250 today. This strong bullish rally signals renewed interest in the precious metal, driven by various market dynamics. However, as the price approaches a critical supply area, traders m
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Summarizing what the indicators are suggesting.
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Palladium Futures is 968.5 USD / APZ — it has fallen −0.30% in the past 24 hours. Watch Palladium Futures price in more detail on the chart.
The volume of Palladium Futures is 1.92 K. Track more important stats on the Palladium Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Palladium Futures this number is 22.65 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Palladium Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Palladium Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Palladium Futures technicals for a more comprehensive analysis.