PALLADIUM 1H LONGTrend continuation on PALLADIUM, very precious metal. I will hop on the trend. Good luck
XPDUSD trade ideas
Ascending triangleAscending triangle in a quite short-time perspective... Anyways, correction is coming
Short Palladium @ 1037.00; TP @ 995.00, SL your choiceShort Palladium @ 1037.00; TP @ 995.00, SL your choice
#Palladium spread over #Platinum will continue to increaseReuters had an article last month about palladium and platinum www.reuters.com
I think the spread will continue to increase in favor of palladium. there are fundamental reasons (higher demand for palladium, higher autocatalyst recycling) and TA shows further appreciation of palladium.
#Palladium price forecast for 2018 @ $1,200-1,300I think we are currently in 3rd macro wave, and 3rd impulsive micro wave will end around $1,200-1,300 by the end of 2018, which means there is still room for price increase by around 10%.
From a macro perspective, 2019 could be a bearish year due to the ongoing price rally. After a potential retreat, next price target could be above $2,000 but we need additional data to speculate.
For the short run, if palladium can pass over $1,100, which is a strong resistance, the price rally can gain more power for the higher levels.
XPDUSD- The Annual TradeHello Traders!
palladium (XPD) price is a " pip " away from all time High .
I am looking for a long term sell, which means that I will try to hold the trade until the end of 2018.
However, if we get to 700 I will close the trade with some mad profits.
Dollar is expected to get stronger until the end of 2018, so lets see how we do.
Wonder where is my SL?
Send me a private message and I will tell where and how I decide on my SL.
Trade with care!
2nd Short Palladium @ 1070; TP @ 1,000, SL your choice2nd Short Palladium @ 1070; TP @ 1,000, SL your choice
Long Term View on PalladiumHere we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
