Palladium / Long Today we see a first attempt to reverse the current bearish trend. We have a breakout attempt on the 2 hour frame. It is worth trying Buys, for SL we can choose a value around 900 (880 conservative)!
About CFDs on Palladium (US$ / OZ)
Palladium has several special properties as a commodity. One of the most interesting aspects for traders in futures contracts is that palladium, despite its status as one of the main internationally traded precious metal commodities, has not seen a significant rise in price, as opposed to other precious metals like gold or silver.
The market for palladium is large while the palladium price per ounce is currently comparatively low, which is an enticing combination for those involved in commodity trading. Palladium is also different to gold in terms of investment, in that prices of gold usually rise when the economy is in a slump. Palladium price charts will show that the opposite is true of the palladium price - it decreases when the economy is down.
More than 80% of all palladium in the world is mined in South Africa and Russia.
The market for palladium is large while the palladium price per ounce is currently comparatively low, which is an enticing combination for those involved in commodity trading. Palladium is also different to gold in terms of investment, in that prices of gold usually rise when the economy is in a slump. Palladium price charts will show that the opposite is true of the palladium price - it decreases when the economy is down.
More than 80% of all palladium in the world is mined in South Africa and Russia.
Palladium Risky BuyHi Traders
See my forecast in my Chart.
This is a risky setup because the commodities looks a lillte bit bearish these days.
XPD/USD "Palladium" Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPD/USD "Palladium" Market 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 Dangerou
PALADIUM / POTENTIAL REVERSAL AREA ! We are approaching the Area from which we started the previous bull impulse /836-1247.5/, here at any moment we can expect a reversal of the trend and the formation of a new Strong upward impulse. To enter into Buys, we need a few confirmation on a 1 or 2 h. chart and the formation of a reversal
Palladium | Rising Wedge Formation with Bearish Divergence AlertPalladium is showing signs of exhaustion as it forms a rising wedge pattern accompanied by a bearish divergence. This classic setup indicates a potential reversal or breakdown, with momentum waning despite higher price action. Watch closely for a breakout from the wedge.
Platinum trend analysisPlatinum has been in a downtrend for the past four years, with the last year characterized by consolidation. Recently, it appears to be moving toward the trendline, potentially setting up to test for a breakout.
Palladium 508RTargeting 10,000 for Palladium.
Massive precious metals bull market underway. 10k first target for wave 3 of 5.
Palladium 508RTargeting 10,000 for Palladium.
Massive precious metals bull market underway. 10k first target for wave 3 of 5.
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Displays a symbol's price movements over previous years to identify recurring trends.