XPDUSD can move in a 13% range...XPDUSD can move in a 13% range. The exchange rate in the 1280-1460 usd range can form a horizontal axis wave structure. Palladium may continue to move up in the long run. Within a year and a half, up to 1900 usd target prices are available.by meszaros8
Palladium - Short term top?Good weekend everyone, lets look at Palladium, a metal similar to platinum and very used on eletromechanics system like relays, also used on OIL industry as a catalyst. This metal has been on a very long term rally upside that never seens to stop, but, nothing go up or down forever. This week candle closed as a bearish pin bar and as we can see the volume is getting smaller and smaller, now, of course i'll not trade based ONLY on a simple pin bar, and since we are at ATH we dont have previous resistances to analyse =) Daily chart is where im looking forward a short opportunity, if the price break and close below orange line i may short with good RxR targeting fico retracement zones and weekly 50ema. The low volume on last wave say that maybe the demand is slowly decreasing, maybe its too expensive now our beloved palladium ? And now we have a beautiful RSI BEARISH DIVERGENCE which give us confluence to try this one. Anyway remember, trade AGAINST the main trend is always dangerous and the main trend for palladium right now is BULLISH, thats why always trade with proper money management. This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge. Shortby MarcelMartinsUpdated 6
Palladium - Going HOT!Here is my analysis on palladium. Although the raw material is very important for batteries of electric cars, it has now come in a resistance area, where I think it will not be so easy to shoot beyond. First, the red C = red A and the bracketed C is 1.618 * the length of the bracketed A. That would be a harmonious conclusion of the upward movement and now it would be advisable to secure profits. As a producer of palladium, I would now sell 50% of my annual production on the futures market for the next 5 years to secure cash flow for the long term. The other 50% of annual production I consider a reserve if the price continues to rise. If, as expected, a top is formed, then I would sell another 25% of the production over the long term. However, it is important to be quick, because the competitors will then do the same and then the price would develop along the black arrow.by StefanBodeUpdated 1115
Why I would wait on Palladium correction before buyingMMHVW so XPD have been the talk of the town recently - the metal used for catalyst conversion, hydrogens fuel storage and electrodes. With the move from internal combustion operated vehicles to EV’s and hybrid’s the demand for XPD will increase and could push price way higher. Reminder however that markets moves in waves dynamic and logarithmic, not static or linear (Glenn Neely), I’m expecting a pullback $1670 or roundabout to $1100 or roundabout. This would be the time to go long/buy.Shortby SkinwahUpdated 5
BUYING OPPORTUNITYPalladium with the big shakedown. The biggest since its started trading on the commodities market. A lot fo weak hands selling here, good buying opportunity for those with big appetite because the potential for a final move up is massive and gains could be in the double digits. looking to buy around 1300 or lowerLongby MysteriousPersianUpdated 222
Palladium Corre e e e cting. Passing the available parabolic support, to 1320s? that is the price longitude for violet channel rooted 15 Aug '18 under the current jag trajectory. Scrolling further down, on the left chart suggest a 'scandalous' 45% decline. ALL metals are off the cliff . . echoes of monetary necessities and niceties of pacing and downwards pressure pressure. what do I know, Nothing, I'm a poet, at most. Industrial use of Palladium, in catalytic converts does not account for the perceived value of Palladium, The monetary implications of Platinum group metals are more relevant in the Global Debt Glut. Party with gold is a good sign. Pally was flaying kite high. by astroobserver0
Meaningful top in play...=>For those following our previous idea on Palladium that know we have been looking for a meaningful top since December. The time has come for us to get to work on the sell side in Palladium with a 40% move to the downside in play. =>We've attached the previous idea for a technical breakdown ... feel free to open up the discussion here for those interested on trading this one in live. =>Best of luckShortby ridethepigUpdated 9922
Platinum , VolumepeekThose , left pane, are stops? Thin horizontal sequence . and doted green is hung. replaced by Dashed Green . by astroobserverUpdated 0
PALLADIUM - Potential to reach next level down on FibPotential to reach next level down on Fib - retracement... Shortby BULLSOFWALLST117
Another 6.5% decrease in Palladium.... The exchange rate builds on a falling wave system. My hypothesis is that a double wave system may develop. In this case, the target price is 1410 usd.by meszaros8
Palladium PlopsI appreciate the twitching the Jag shows as it passed down across the minor lines on its way to Solid Yellow. Except for the Green doted 'abola, the additions to the model where placed this morning 8:00 am EST. I was expecting a local bottom at the intersection of solid yellow and solid Green 1473 , 01 Apr. With an intermediate hold at 1495 as the shaded areas expose. That white oval denotes the ambiguity of the third central point of the abola. its not hanged, it needs another foot hold. That is denoted with doted green. came back to my screen 3:30 EST to see this. huy Volume. hmm, yup ; that is a relevant profile. there was a story in seeking alpha, about palladium, yesterday. . . . positive note. There are other forces, out of view to me. I suppose Nickle miners . The operating principle is sustainability, the more valuable metal the better for the world financial independence . Sovereign states, international law and all that wellness. Might algos be charges with auto shaking stops? by astroobserver0
Palladium: Append: Thin GreenThe model extends; Two more curves . the Jag could crawl up cg3, out of pale yellow area. alternatively, bounce off thin blue, on another leg down. The Pale,Thin,Red curve; is also there. Those TPRC are rooted in the top, 03 Mar 20:30 and other features of the Jag. counter hung. That variant of parabolic support is a solid addition to the method. If so then a longer rally, Back up through Pale Green Area. crawling or bounsing on cg3. Swinging past Double Violet local trend; Reaching for o Bold Yellow. Follow triple Violet. by astroobserverUpdated 1
Palladium Drops To SupportLast post: March 18th 2019. See chart . Review: Price had just broken above the previous resistance level. Update: Price is currently in a deep pullback and has found support at a previous resistance level but the overall trend is still up. Conclusion: We have to see whether support will hold and if price can move back above the 50 simple moving average. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime TradingLongby Sublime_Trading1
4 TP levelsFor the palladium there could be a very long journey to the south. If I do not see a closing price above 1599,866 on H4 basis, then I go shortwith SL above last week's high. 1. Initial confirmation for falling prices would be Break and Close below 1541.40. 2. The second confirmation would be closing price below Tenkan on a weekly basis at 1473.7 3. The third confirmation is when the SMA 50 passes through the cloud. Even if prices continue to rise, this setup would not be completely discarded, just postponed a bit.by NeverNOUpdated 13
XPDUSD Palladium long swing trade setupXPDUSD Palladium long swing trade setup based on pullback to .618 to .786 fib zone. We may get a bounce here off S1 where price is stalling or possible move further to S2 and S3. My entry long at S1 1553.529 today with a SL at S3 1513.582 and TP at R2 1608.117. Not financial advice.Longby fxtraderanthonyUpdated 1
Palladium wobbles ( model appended ) The jag fell off its 17 Mar 20:30 UTC parabolic trajectory 22 Mar 03:30. A result of relatively small volume traded. 25 Mar volume action began 3 days 15 minutes after it had eased 21 Mar 11:45 UTC. I have not seen this market behavior before. All this has precipitated more curves. a set of Local Thin Red convex curves and local set of thing Green Concave curve. Again the Volume is thin. Apparently on a "need to boost only" trading mode. Notice the bounce 25 Mar 04:30 happened on the bottom of the yellow parabolic channel. The Jag has climbed out of this. barely. This is why Local Thin red set ( LTR ) is troubling. They look 'less than healthy. Yes, there are barely enough data points to hang LTR: its upper limit can be lifted by price action Tuesday 26 Mar . Its bottom limit is better hung. What will it be Rer or Green sets? Double Violet still holds. It appears this Jag is still on that trend. Is it? whats up with the volume after 25 Mar 13:30 ? was this a "test of the market depth? by whom? by astroobserverUpdated 0
Palladium (XPD/USD), Sell near key level.Near $1566 is a great place to open Sell - Low risk - Price broke down a key level and many 4hour candles bounced down from that level many times - Potential profit in 5 - 10 times bigger. It is entry against maint trend Use low risk. Push like to support this idea. Shortby Yuriy_BishkoUpdated 4421
INVERSE Correlationsince 2013 both metals PALLADIUM and PLATINUM prices have been moving away from each other. WILL MONEY MOVE FROM Palladium INTO Platinum?by Yassarxyz1
Palladium correctingThis Jag fell off of Solid Violet. What happened to the Volume? ( seriously, the noise was about short squeeze, whats the noise now? ) Shortby astroobserver1
PALL STILL LONG, BUY AT 50 % retrace till SEPT HMMM russia is the lead exporter of palladium and even puts it in their currency. That sound like something i want to hold during a recession....... Interesting. Palladium backed Ethereum. At that point, no one would say no if it was actually holding value.Longby musicofhel0
Palladium testing upper trend lineWith Palladiums ever increasing price, it is now reaching the top trendline within the range its been trading since August 2018. This will be an interesting point for Palladium , it's fundamentals suggest an ever increasing price for the next year but this doesn't prevent localised trending through trading. The upper trend line at ~$1600 will be a test if this Bullish momentum. Will Palladium break through and back up its Bullish momentum or will it be contained for a short while? Note, from previous update the green channel is the trending channel from August 2018. The light blue channel and associate dashed inter-channel levels are the resent trend within the August 2018 trend. by Scottman72Updated 1