End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. Technical Indicators : The Palladium chart has recently formed a higher high, and a higher low appears to be developing. The price has crossed above the 200-day SMA, and now the 30-, 50-, and 200-day SMAs are bullishly aligned. Seasonality: The seasonal strength in OANDA:XPDUSD is expected to begin the week after next.
So, we could get ready for rising prices in Palladium!
Palladium
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 must exercise caution and prepare for potential market reversals.
Price Movement and Historical Context
The recent price increase in Palladium has not gone unnoticed, and it coincides with a historical trend. Over the past five years, data shows that Palladium has typically encountered a reversal in value around this time of year. This historical pattern serves as a vital reference point for traders considering their next moves.
Evaluating Supply Areas and Potential Reversals
As Palladium nears a significant supply area, it becomes essential to analyze price action carefully. Before contemplating any short positions, it is prudent to wait for a clear bearish pattern to emerge. This approach minimizes the risk of entering prematurely, particularly in a market characterized by bullish momentum.
Commitment of Traders (COT) Report Insights
The latest Commitment of Traders (COT) report reveals contrasting positions among market participants. Retail traders appear to be holding long positions, indicating optimism regarding Palladium's future performance. Conversely, "smart money" or institutional investors have begun to build bearish positions, suggesting that they anticipate a potential downturn. This divergence in sentiment may create a volatile environment as both sides adjust their strategies.
The Importance of Patience
In the current landscape, patience is crucial. Rushing into trades without solid confirmation can lead to unfavorable outcomes. By waiting for a clear bearish signal, traders can better position themselves for potential market reversals. This disciplined approach aligns with the principles of risk management and enhances the chances of executing successful trades.
Conclusion
In summary, Palladium's recent rally to $1,250 places it at a critical juncture. As it approaches a historically significant supply area, traders must remain vigilant and analytical. Observing the emergence of a bearish pattern, coupled with insights from the COT report, will be essential in determining the appropriate timing for any potential short positions.
With patience and a strategic mindset, traders can navigate the current market conditions effectively. What are your thoughts on Palladium's trajectory, and how do you plan to position yourself in this evolving landscape?
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XPDUSD: Channel Up not bottomed but its worth buying.Palladium is neutral on its 1D technical outlook (RSI = 53.239, MACD = 35.410, ADX = 35.074) as the price is approaching the bottom of its Channel Up. Even though ideally we would like the 1D RSI to drop under 45.000 before a buy opportunity emerges, the price isn't only near the 4H MA200 but also just over the 0.618 Fib, which is where the previous HL was priced. The first HL on the 4H RSI will be our buy entry. We maintain a conservative short term perspective, aiming for the 0.236 Fib (TP = 1,185).
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XPD/USD "PALLADIUM" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPD/USD "PALLADIUM" 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 Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Palladium is the new Gold... Thank me later!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌What is Palladium used for?
Palladium is used in catalytic converters for automobiles, in fuel cells to generate power, in jewelry, dental fillings, and electronic components. Catalytic converters convert the toxic gases from automobiles into less harmful substances.
📌How Rare is Palladium?
Palladium is one of the rarest metals on earth and even more scarce than platinum – 15 times more rare to be precise. If all the platinum in the world fits in your house, then every ounce of palladium can easily squeeze inside your living room.
📌Technical Analysis:
This week, Palladium rejected the $1000 round number and support zone and broke the Daily structure marked in red.
As long as the bulls hold, I expect a bullish continuation towards the $1700.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PALLADIUM Bullish Cross on MACD sets the tone.Palladium (XPDUSD) has been rising since the 1D Golden Cross (October 07) and on top of the 1D MA50 (blue trend-line) since September 09. We view this as the emergence of a Channel Up, currently on its 2nd Bullish Leg, aiming for the next Higher High.
The 1D MACD is on a Bullish Cross, and that's all we need to confirm the continuation of the rise. Our first Target is near the top (Higher Highs trend-line) at 1200. After that and if a potential subsequent pull-back holds the green zone, we will turn bullish again towards 1270.
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Palladium Setup: Break 1119-1121, Targeting 1900 TP Good morning, trading family.
I see a potentially great trade setup with Palladium. If we break through 1119-1121, there’s a strong chance we could hit 1900. The ROI looks very promising. Set your alerts, manage your risk, and let’s see how this one plays out.
Mindbloome Trading
Trade What You See
XPD/USD "Palladium" Market Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPD/USD "Palladium" 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 Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
PALLADIUM Double bottom calls for a buy after the 1W MA50 breaksWe recently (August 06, see chart below) made a multi-year projection on the trend of Palladium (XPDUSD) as we saw a cyclical bottom buy opportunity that takes place roughly every 6-7 years:
This opportunity has been confirmed even on the lower 1D time-frame where the price made a Double Bottom. What's left to conclude the bullish break-out signal is a break above the 1W MA50 (red trend-line), which has been holding as a Resistance for almost 2 years (since October 14 2022). If that happens, it will also be a break above the 8-month Lower Highs trend-line.
At the same time of that potential 1W MA50 break-out, we should form a 1D Golden Cross, which is a pattern we haven't see since March 10 2022.
As a result, when the 1W MA50 breaks, you can buy with more confidence long-term. Our 1st Target will be 1250 (Resistance 2) and 2nd at 1400 (just below the 0.382 Fibonacci retracement level).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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XPD/USD "PALLADIUM" Robbery plan to steal the money in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XPD/USD "PALLADIUM" Mines 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 Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
XPDUSD / PALLADIUM Bullish Robbery Plan to steal the moneMy Dear Robbers / Traders,
This is our master plan to Heist XPDUSD Palladium 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 Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
PALLADIUM Will be among the biggest winners of this correction.Palladium (XPDUSD) is in the process of forming a Double Bottom on February's Low, following the rejection on the 1W MA50 (blue trend-line). That level has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower Lows, which is a Bullish Divergence.
Technically this is a recurring cyclical bottom formed on a 6-year Cycle as the previous ones (January 11 2026 and December 01 2008). All took place on a 1W RSI Bullish Divergence. We expect Palladium to reach at least the 'Russia-Ukraine war peak' at 3450 by mid 2026 - mid 2027.
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Palladium: New Opportunity for Taking DemandAfter successfully reaching our previous profit target for Palladium, we are now on the lookout for a new potential demand zone for this precious metal. Based on current market trends and historical data, the price of Palladium may drop to the $900 level, which could serve as a critical support area and trigger a reversal. This anticipated reversal aligns with the seasonality patterns often observed during this period, suggesting a possible uptick in prices.
It's important to note that the price previously encountered strong resistance at $920, marked by a notable spike. This level indicates the presence of a minimal demand area, reinforcing the potential for a rebound if the price tests this zone again. Given this context, we are looking to strategically buy at a discounted price, positioning ourselves for a possible upward movement in the market.
Moreover, it's worth considering that commercial traders have shown a bearish stance this week, reflected by a reduction in their positions. This decrease in commercial positions can often signal an impending shift in market sentiment, providing an additional layer of confidence in our strategy to buy Palladium at the identified demand zone.
In summary, we are carefully monitoring Palladium's price action around the $900 mark, with a view to capitalize on a potential reversal. By leveraging historical resistance levels and market sentiment indicators, we aim to navigate this market effectively and optimize our investment returns.
✅ Please share your thoughts about Palladium in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Palladium / Potential move to the upside from demand zone ?Hey traders
We have Palladium with a potential move to the upside from demand zone, it has dropped all of last month to reach this area, I am expecting the push back up into supply area marked off on chart.
1 -3 RR
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
Anticipating a Bearish Impulse for Palladium Before GrowthAnticipating a Bearish Impulse for Palladium Before Seasonal Growth
We are anticipating a final bearish impulse for palladium before a seasonal uptrend begins at the end of the month. Following a recent rejection at a supply area around $1,050, coupled with the overbought condition of the RSI and an exhaustion daily candle, we see potential for another downward movement.
This setup is highly speculative, and we plan to capitalize on this bearish impulse as our current strategy. After this trade, our approach will shift to waiting for October, when we expect conditions to be favorable for a new long position.
By carefully monitoring the market indicators and historical patterns, we aim to make the most of this potential bearish impulse and prepare for the subsequent seasonal growth.
✅ Please share your thoughts about Palladium in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
XPDUSD PALLADIUM bULLISH rOBBERY pLANMy Dear Robbers / Traders,
This is our master plan to Heist XPDUSD PALLADIUM 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 Pink MA that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Stop Loss : Recent Swing Low using 4h timeframe
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
PALLADIUM Trend changing from bearish to bullish.Palladium (XPDUSD) gave us the most optimal sell entry on our March 15 (see chart below) sell signal:
Now however it is time to take profit on that trade before the projected Target as the 1D RSI Double Bottomed, while the price is on Lower Lows. Even though this isn't a direct Bullish Divergence, when RSI Double Bottoms were formed along price Lower Lows, Palladium always started a rally, at a minimum of +21.30%.
As a result, since the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) are squeezed the closest they've been to each other since November 2022, we turn bullish now, targeting 1090 (+21.30% rise).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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Palladium XPDUSD Bullish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist PALLADIUM XPDUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Palladium's intraday rallies continue to attract sellers.XPDUSD - 24h expiry
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
There is no clear indication that the downward move is coming to an end.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
20 4hour EMA is at 946.
Risk/Reward would be poor to call a sell from current levels.
We look to Sell at 945.8 (stop at 961.8)
Our profit targets will be 905.8 and 898.8
Resistance: 940.0 / 959.4 / 980.0
Support: 931.1 / 918.3 / 902.0
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.