Palladium - 10% cash longPA hits first "ATL", used this opportunity for longer term holding.. if it goes lower, will buy next 10%
XPDUSD trade ideas
PALLADIUM Buy signal to the 1D MA50.Palladium (XPDUSD) has been trading within a Falling Wedge pattern since late March and below the 1D MA50 (blue trend-line) since April 21. With the 1D Death Cross having been formed (when the 1D MA50 crosses below the 1D MA200), the market seems to be pricing a bottom, rather than preparing for a deeper fall. This is similar to the late September - October 2021 Support formation, which gradually rose above the 1D MA50.
As a result, with the 1D MACD also on a Bullish Cross, we are turning bullish on Palladium, aiming at the 1D MA50. Note that the ultimate long-term Support of the 1W MA300 is now above 1600. This is holding since January 03 2017.
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XPD/USDT is Moving Downwards on 1D Timeframe There is a series of lower lows and lower highs in the chart of different time frames including 1D,4h, and 1w. It shows the overall downtrend of XPD according to DOW theory.
Falling wedge pattern!Palladium is oversold. Now we are in the buy zone for medium term trade. As Chineese ecenomics opens palladium will break the wedge.
Palladium is bearish lately ⛷️Bearish Order Blocks Tutorial.
Bearish order block played out well with 1:8 RISK:REWARD!
XPDNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
PALLADIUM update - 17/05/2022wave (2) in it's last stage, expecting wave (2) to end at 1831 (0.786 of wave (1)), critical support at 1543.
PALLADIUM SellWe are creating a Bear Flag on 1h and 4h, we can see a resume of down move on Palladium, and targeting a down move.
New high for PalladiumHigh risk of shortening of export supply by russian producers will guide palladium to new highs.
PALLADIUM - BULLISH ACCUMULATION ARCHello :)
We have 9H bullish accumulation chart of Palladium.
Targets on the move up are $2957.50 & $3433.
TA on 5h chart also gives us bullish signs
Keep it simple guys!
Until the next one
PALLADIUM - Long PositionTechnical point of view palladium find again a good support level around 2200 level. Looking forward breaking above 2500 will show strong reversal pattern.
Palladium: upside potential?A MACD bullish crossover supports a change in trend direction.
Above 2420 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Strong upside price momentum supports the trend direction.
Remains above its 200-day simple moving average.
RSI leaves enough room for further upside price potential.
PALLADIUM - Short PositionRecovery move on PALLADIUM faded after price broke above the 2,225 price zone. The 2,300 area turned out to be too tough for bulls to break and price pulled back to the aforementioned 2,225 price zone.
Palladium update - 03/04/2022still no clue that wave (2) ended, the broke above the parallel corrective channel and the key level 2337 will confirm that the bottom is placed and wave (2) in it's early stage.
PALLADIUM RALLY EXPECTEDAfter dipping 4.6% at two-moth low on Tuesday (29.03.22), to 2032.97, Palladium rose another 4.4% on Wednesday(30.03.22), when the pessimism regarding the peace talks between Ukraine and Russia increased. Russia is the biggest exporter of palladium, responsible for 40% of its global supply. Increased economic sanctions on Russia will deepen the scarcity of the metal on the global market.
If the bullish move continues, the price most likely will test its 20 SMA and its previous resistance at 2600. If not, it will probably attack its low from Tuesday at 2032.97,in any eventual progress of the peace talk between Ukraine and Russia. MACD's histogram is entering bullish territory as well, but the two moving averages of the indicator have not crossed yet. RSI is also currently indecisive.
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Palladium is stuck ! Long or short to catch the dead cat bounce?
4 hour shows rang bound
15 minute descending triangle
XPDUSD heading towards bottom!See you at $1020 - "Patience is not the ability to wait, but the ability to keep a good attitude while waiting."
Palladium 2022As COVID-19 histeria comes to its end there will be growing demand for industrial and precicious metals, so dont miss it!!! WE GONNA BE REACH SOOOOON!!!!!
Easy entry chance with good risk reward ratioI think it hard to get palladium cheaper, cause Russia could stop to export it.
+1PALLADIUM@2412 - OPEN LONG - Target: $3,600 (+50%)Might be a good entry.. looking for at least $3,600 before the current diversion is exhausted
The only reason I prefer silver & gold over palladium and other exclusive metals is that it's one step more difficult to assay and physically trade in general.
You can assay gold or silver using only fire and bone ash, but it gets a bit more cumbersome to test palladium, which eventually makes it a bad apocalypse coin.
Also, the margin for the physical market is really huge, at least from my experience in Egypt's market. No matter how far you refine your palladium it's going to be sold maximum at only 40-50% of the screen value.
However, the demand for palladium doesn't seem to be ending soon, although a very small number of people deal it, you can see them sniffing all around the gold alley in Khan el Khalili sneaking outside dealerships looking for any traces of palladium in cast silver bars being sold.
It can have all sorts of chemical, medical, and industrial applications but locally I've seen workshops use it frequently as a supplement for rhodium which became a nonexistent ATM..
Palladium Fakeout!There is plenty of volatility in the markets due to current events happening around
the world right now and Palladium is an example of this.
An all-time high was created in May 2021 at $3017. Price then went into consolidation
using the weekly 200 simple moving average as support.
From there, we have seen a gradual increase in price, and by the end of February,
price was just $7 shy of the all-time high.
The second week of March saw the breakout we were all anticipating, but this was
short-lived as price has now retreated back into the consolidation zone.
This is the very reason why we wait for confirmation following a breakout before
jumping into positions after a long period of consolidation. This is something we
make our members aware of.
Many traders and investors would have taken a position in Palladium as soon as it
broke out but we understand that when price consolidates for a lengthy period of
time, it could form a fake breakout.
We will continue to stand aside until our confirmation is met and preserve our
capital in the meantime so that we can use it for high-probability opportunities.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
