PALLADIUM trade ideas
PD Still levoitating.I don't know who owns PD.
the is slightly more volume. that spike is a signal.
the Mid term trend is a toss up between Dashed Black and Dashed Blue. Maybe sown to a solid Orange. The two thin blue curves have been modified and the current thin white parabolas, are not extended because the y seem to happy.
A Market maker levitated the jag above the looming orange box. OK then what? why sort? 'cause it needs a Sale
Palladium going down?Since palladium made a new lower high on the daily and hereby failed to create a new high. I think there is a great chance of palladium to break the bottom and form a new low. If it fails to break the bottom it wel go back to the top range.
Palladium Struggling To Pass $2.500$2,500 proved to be a big hurdle for price towards the end of January 2020. Price soon started to see
weakness and the selling began but was caught by the 20sma support level.
From the start of February 2020, there has been increased momentum in price. The force of the
recent move appeared as though it was going to be enough to break through the resistance at the round number
but it appears to be holding price back yet again.
Right now the 20sma and the $2,500 round number are forcing price into a squeeze and we should eventually
see a breakout to the upside or the downside in the near future. As the trend is bullish, the bias is for
a breakout to the upside.
Should price eventually break out through resistance, then we should be seeing new historical highs created,
which a year ago would have been viewed as very unlikely to happen. This is the reason why thinking has no
place in trading. We can not think what will happen next, but we must act upon price movement as it happens
using a solid trading strategy.
The trends in the past have ranged from moves between 18% and 38%. The move so far has only risen 11%
and if the trend continues then we are not even in the 18% range yet so there may be more profits to come.
We will be looking to add further compounds once a breakout occurs.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Palladium: buying at consolidation target level.The price goes down after breaking through the consolidation. You might consider buying at the consolidation target level of 2180.
To save money on swaps, it makes sense to consider buying an ETF PALL instead of trading spot or CFD.
XPDUSD - Continuing up or falling back further down?Since the rally to 2525 price started to cooldown a bit. Price formed a range now around (2333-2256 region) the 38.2% fib level. If prices whishes to continue upwards then it must hold the bottom of the range. safest execution would be to enter on a break&retest of the range. This ofcourse applies for both ways. Palladium refused to fall down even with the pressure from the 'coronavirus' while equivalent commodities took hard hits, this is why i think there is possible more room for palladium to go up.
-We must monitor price carefully and execute on what we see, not what we think.
~Gratz TopTok.
Palladium Halts After Previous Big MoveThere is no surprise that Palladium has currently found weakness after hitting a round number following
a strong surge in price. With every big move, we can expect to see exhaustion in the market before
a continuation in the trend.
Price first made contact with the $2,500 round number on January 17th and has since pulled back.
The recent pattern of breakouts and trends may be over if price declines further but for now the uptrend
is still intact.
When price pulls back, we always want to look for areas of support/resistance that price may move towards.
In this case, the next obvious area of support below price is the 20sma. It was last used as support back
in December 2019 and may do the same again.
After this level, the next area of support is the previous resistance turned support which is right at the
$2,000 psychological round number but this is some distance away from where price is now.
Palladium is still priced higher than Gold and currently holding the title for the priciest precious metal
for the time being. If we do see a break and close above the current all-time high at $2,543 then we
should see further bullish moves in Palladium.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
XPDUSD Sell SignalPattern: Channel Up on log 1M.
Signal: Bearish as tha parabolic rise within the Channel Up broke.
Target: $2000 (Higher Low of the Channel).
PL,PD Au,Ag.its Friday.
PL: The dump happened on last Monday. Its recovering. lets hope 'they' can wait the week end out, bellow 100 its cheap.
PD: its hovering on fumes. no volume. Hu? what is it that I don't know? Slow decline. until PL catches up? ( that's to far out )
Au The ceiling 1585 pushed the jag off its curve.
Ag. Nothing to say. Pennies. unless something big brakes, nothing but pennies.
Palladium: long-term uptrend.The long-term upward trend of palladium is due to three factors:
1. Demand from industry, which greatly exceeds supply.
2. Almost monopoly price controls by producers in Russia and Africa.
3. Interest in palladium by long-term speculators.
In such circumstances, prices can rise for several years. That will provide an opportunity to get good income in the long run.
2nd PD update, 1ht chartthere is Support 2200 and 2200.
Platinum dipped below 1000
Gold is relatively high but relatively 'what' in the long term?
Silver 18.2 . . . most subjugated element
XPDUSD | Shooting StarPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 2413.510
TP1 - 2140.442
TP2 - 1967.684
SL - 2502.676
Reason: Exponential Growth, Shooting Star reversal Pattern. The price is overbought According to RSI.
Risky: Remember this is a risky setup despite market shows us irrational behavior and previously we got stopped out.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
PD stalls Both he collapse in the volume and the double top are both strong signals .
There is support at 2223 and then lower at 2000. the long tern trend is still effective. Pd is ridiculously high, a few months to soon.
Switch to Platinum. Push that up!
Palladium: Countertrend shortStrong uptrend but parabolic.
Inside bar failure - buyers trapped and exited.
TP1 on chart.
TP2 - to trail.
Active trade management. To exit if no immediate selling orderflow.
Is $2,500 The Limit For Palladium?Palladium has gone on to shatter records performing a steep climb over the past couple of weeks
but will the rise be over as fast as it started?
The chart clearly shows the clean breakouts following clean pullbacks in Palladium over the last year
and each breakout has resulted in a nice trend. The most recent breakout has been the strongest
yet in its recent history.
When price was approaching $2,000 again in January 2020, many said that price would fail at that level
as it had failed there previously in December 2019. Price will always do what it is going to do,
which is why speculation should be ignored at all costs.
Palladium went on to soar above $2,000 and then we saw increased momentum which pushed price up
another 25% to where it now stands around the $2,500 level.
Is this the limit for Palladium?
That is anyone’s guess. But what may be more likely to happen next is for price to pull back as price appears
to have momentarily run out of steam. If this is the peak then we may see a sharp decline,
but if this is just a pullback then we want to see a break and close of the current high at $2,543 which will
confirm a continuation of the bull trend.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Last Leg of Equity Bubble (12-24mo); Palladium Bubble to Roar For those that follow my ideas, there is no question we are in the last leg of the equity bubble before an extended bear market. The catch 101 however is, any pullback that occurs will be bought until the SPX hits a minimum of 4000.
I see an equity bear market commencing anytime from late 2021 to sometime in early 2022 for several years (impossible to know when specifically)
Having said that, Palladium has essentially confirmed the equity bubble that will last anywhere from 12-24 months from the writing of this post. We can clearly see that Palladium must touch the upper longitudinal linear axis. Of course when it does this exactly will determine the eventual top, however, Palladium will indeed hit a minimum of 4000 as a top, however, it cannot be ruled out that 5000 or even 6000 is possible over the next 24 months or less.
- zSplit
Palladium Rockets: What to Expect, Why and How I Call it NowI ended up being one of the most bullish investors with respect to Palladium for 2020 but even I was a little wrong! Many people called Palladium tanking in 2020 with 2000.00 being the absolute peak. Nope! My forecast was 2500 but I have revised the outlook, and here's why.
While most Palladium mines are in South Africa (which I already knew in my previous forecast), it turns out that there has been some power issues due to weather (impossible to predict ahead of time), and this will artificially increase Palladium significantly in 2020; it has soared nearly 28% YTD which equates to one of the top assets thus far in the entire stock market. Now, this may or may not be pure manipulation to drive the price up, but in reality, all that matters is the price is going up.
Secondly, it seems there has been an absurdly high interest level from China, India and other parts of Asia for Palladium. It could be that they are using the metal for electric vehicle production, or stockpiling it for future production.
Nonetheless, and interestingly enough, Palladium and the S&P 500 are highly correlated, and I accurately called that 2020 will be very bullish overall for the markets, and as such, Palladium will continue to rise.
Palladium could have a violent pullback of 5%+ when the SPX decides to correct just a little bit (doesn't have to be some epic correction), but the dips will be bought in both cases.
Palladium will likely consolidate with some gains but much lesser gains through 2021, before the run corrects more drastically sometime in or around the year of 2022.
Some top stocks to invest for 2020 PTMs: IMPALA Platinum (follows Platinum mostly, and a little Palladium) || PTM (junior Palladium miner that focuses on Palladium mostly and other PTMs).
TP 2020 (not necessarily by year-end): 2800-3000+
- zSplit
THE GREAT PALLADIUM BUBBLEI thought we could take a look back in hindsight and see the ideas I've posted leading up to today. It is no longer time to be long. I've sold all my physical palladium and waiting for a massive correction. This move is more than parabolic; its asymptotical.
Palladium BubbleI remember back in the dot com bubble that precious metals went into a bubble as well. Boy that bubble looks small compared to this one, lol.
Too much easy money floating around, this is what happens when you have negative interest rates.
At some point the Feds will have to step in before we get inflation.
