PALLADIUM trade ideas
PALLADIUM - Short Term TradeIs printing a whipsawing bearish Evening Star Candle Pattern.
This is following a bull trap failure in the retracement Golden Window (0.618 - 0.786) and also through the rising trendline.
So for a short term setup, this is an opportunity to trade with the whipsaw and high momentum.
With a stop loss at the top of the upper wicked candle and target at the red 200MA, provides a 1:1 RR trade.
This is not a high ratio and many short term traders prefer 2:1 or 3:1, but this is high probability that it gets there.
At this point it is unlikely that it can get back to the top without first testing the lows and then the 200MA is immedietly below.
It may bounce at any moment and an option would be to save some allocation for if it does bounce to increase profit, but regardless I think it will get to the target without being stopped out 👍
Not advice
Palladium bullish consolidation first target should be 1350 then 1500-1600$, chart incredibly bullish
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 looking bullishHi Traders.
1.HTF Descending Channel
2.LTF Bullish Impulse
3.LTF Correction
We see a clear breakout from the Ascending Channel followed by bullish correction right now.
Wait for the breakout of the current structure to confirm the bullish continuation
Palladium Faces Selling Pressure After Uptrend BreakERRANTE:XPDUSD Palladium remains under heavy selling pressure following the break of a key uptrend, with market participants increasingly cautious due to oversupply and weaker demand from critical industries.
Technical Outlook
While the technical setup points to further downside potential, a clear break below 1027.29 would confirm this bearish view. Should sellers maintain control, a breach of this support could pave the way for further declines toward 1012.26. Sustained downward momentum would likely target the next levels at 1004.86, 990.99, and 975.96.
Conversely, buyers would need to push prices back above 1063.59 to regain control. For now, the outlook remains bearish, with lower supports coming into focus if sellers persist.
Read the full article here:
here :
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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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.
Our other Long buy is in Palladium XAD USD
At the Asian Monday opening today Palladium XADUSD rallied strongly but then pulled back under the neckline of the H&S's patterns on the mid-timeframes.
See on the chart here where the RSI went into the overbought condition over 70 and it's RSI then pulled back to the 50 but in the last little while the RSI has broken out again.
It has a lot of hightime-frame Stochastic strength and looks to be making a big move today with these bullish H & S patterns.
Crazy Sell-off in the Palladium Price since 2022. Over 200%. BUY
Why I think our Buy-setup in Palladium today has no much upside.
We have a bullish Head 'n' Shoulders on the 4HR timeframe. Right now price is giving you an even cheaper entry point before this pops!
So, is there demand for Palladium across the world? Take a read of this article from cmegroup.com
Why palladium matters to the growth of the platinum market
By World Platinum Investment Council - WPIC®
16 Jan 2024
Executive summary
Platinum is a critical mineral for the energy transition, and hydrogen-related demand for platinum is forecast to grow substantially through the remainder of the decade and beyond. Platinum catalysts in the electrolysis and fuel cell markets are expected to account for up to 15% of total platinum demand by 2030, reaching as much as 35% of total annual platinum demand by 2040.
The principal use of palladium in 2024 is in fossil fuel and hybrid vehicles, so the health of the automotive industry and the pace of transition to electric vehicles are the key drivers on the demand side.
From what I read, with electric-cars increasing there is not as much demand for catalyic-converters that are derived from palladium. However, there are other uses for palladium than electric cars and supply chains are continually disrupted by wars such as Russia and Ukraine.
All I see is the huge sell-off. I also see a monthly oversold condition for Platinum .
How much should I risk per trade? See below..* Trading is risky. Please don't rely solely on my financial advice.
* If you do take any of my trades, I suggest you only ever risk 0.25% - 0.5% of your total Capital on any given trade.
My trades have fantastic RR. Not this 1:1 crap you will get from a subscription service. But it's much more than my ego.
Here is why:
Say you risk 2% per trade like the gurus tell you.
If you have a 20K account & have 10 losing trades in a row, your account diminishes by $4000, so you now have a 16K account.
If you risk 0.25% per trade as I suggest. Here is the maths.
If you have a 20K account & have 10 losing trades in a row, your account diminished by a mere $500 compared to losing $4000 when you risked 2%.
You now still have $19,500 and you have not ruined your Psychology.
I have been trading a long time & 0.25% to 0.5% seems to be the sweet spot.
XPD USD - Sold-off relative to Gold/Silver- Crossing-up Monthly
See here for Palladium which I am also keen on for Long-hold going into Mid-September.
Note the monthly RSI oversold & starting to cross-up on the Oscillator
The monthly Stochastic is doing the same!
Below is a Weekly-chart for Palladium
See my wedge lines broken in grey. See how price has crossed-up & wants to now move higher, backed by Weekly-Stochastic-Divergence & I like the Weekly MAC-D with 2 x cross-ups recently, that is usually a very good sign when you get 2 x like that.
See my yellow 9EMA which I soon see crossing above my dark-blue 50 EMA. That is a super-bullish cross when that occurs & when it occurs on the weekly chart....look-out! Price will be very explosive upwards.
Guys, I have only just now looked at the mid-time-frames. But what I see comes as no suprise because I start at the very high-time-frames & work down. It is so huge and bullish on the Monthly & Weekly it does not surprise me to see this on the 4HR.
That is, a very bullish Head 'n' Shoulders pattern on the 4HR which also appears to have retested & will explode upwards through the neckline in Monday trading, I would say 9 to 1 chance.
Here is the almost exact same setup on the 2 HR.
A 30 minute Chart is also sweet with EMA confluence and the 15M chart is similar.
I will put out a Long trade on this during Monday trading no doubt.
So far we have Silver & Palladium. I am 'holding-on' to the 4 x Gold long position I have & I hope to ride them into the end of September when I see the next possibility for a correction in the Gold price.
Regards,
Chris.
* Trading is risky. Please don't rely solely on my financial advice.
* If you do take any of my trades, I suggest you only ever risk 0.25% - 0.5% of your total Capital on any given trade.
My trades have fantastic RR. Not this 1:1 crap you will get from a subscription service. But it's much more than my ego.
Here is why:
Say you risk 2% per trade like the gurus tell you.
If you have a 20K account & have 10 losing trades in a row, your account diminishes by $4000, so you now have a 16K account.
If you risk 0.25% per trade as I suggest. Here is the maths.
If you have a 20K account & have 10 losing trades in a row, your account diminished by a mere $500 compared to losing $4000 when you risked 2%.
You now still have $19,500 and you have not ruined your Psychology.
I have been trading a long time & 0.25% to 0.5% seems to be the sweet spot.
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
XPD update swing LONGXPD price swept key liquidity level with a lot of sellers got trapped. Also we have 1D MACD divergency, it means the trend is not that strong to break through marked level, as a target I expect to see price higher marked with red cross
Bulls HnS's Prec.Metals below. Plz-read-Friday Gold Commentary!
There are some bullish Head 'n' Shoulders patterns today in Precious Metals.
1st up see charts for Palladium XPDUSD. This is a bullish H & S's on multiple timeframes. 5m played out earlier in Asian session but we still have setups on the 1HR, 2HR and 4HR charts.
If Mr Powell gives the market the boost and shot-in-the-arm that I think he will today because I am guessing he has been a bit on edge lately like a trader who just lost 30k in a day. I am hopeful we will get a good run today Long in precious metals. Mr Powell speaks at 10am Eastern USA & Canada.
Be aware that some of these setups have already retested and others have not, but I will do my best to guide you through it with an alert if Entry becomes noticeable to me in the charts later. This is of course if you are a newer trader. I know most of you are experienced.
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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** 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 going much much higherPalladium is the Hotest commodity in Town... been in a secular uptrend and still has a lot of room to go!
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
Palladium plan. Well i think this will happen for Palladium. We need to hold the 907. Ill try to trade all the waves. Lets see where we go
Palladium - support is still far awayWith tech stocks taking a beating and because stocks are likely bearish until September/October (look at the bets placed on CME by the big institutions), it is likely palladium will be the first metal to reach a significant low.
Palladium is used in catalytic converters and because it is so tied to the tech industry, is one of the most volatile metals to trade. It is likely that we will see continued downward pressure given the hedges placed on the CME by the institutions and leveraged funds.
PalladiumWell, it looks like a head and shoulder going to play out. It could be we go mor high but ill take my profit first and buy back at the neckline.
