Palladium (XPD/USD) remains on the back foot around the weekly low, recently sidelined near $2,175 during the early Friday morning in Europe.
The commodity’s failure to cross the 61.8% Fibonacci retracement (Fibo.) of December 2021 to March 2022 upside, near $2,260, directed the quote towards refreshing the week’s bottom the previous day.
In doing so, the XPD/USD prices keep the late April’s downside break of the five-month-old rising trend line, around $2,335 by the press time.
Hence, palladium is all set to retest the 200-DMA support of $2,140. However, a daily closing beneath the same becomes necessary for the bears to keep reins.
Following that, March’s low near $2,045 and the $2,000 thresold will lure the bears ahead of directing them to the late 2021 swing high near $1,997.
Meanwhile, the aforementioned Fibo level and the previous support line, respectively around $2,260 and $2,335, restrict the short-term rebound of the palladium prices.
Should XPD/USD bulls manage to cross the $2,335 level, 50% Fibonacci retracement level and March 18 swing high, close to $2,480 and $2,605 in that order, should gain the buyer’s attention.
-637874168309256381.png)
Trend: Bearish
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.