Buyers pushed palladium back up from June lows to trade near $1,300. There was a big gap in the day's trading, with demand returning near the session bottom. The metal bounced back from the afternoon slide, though, to close higher than it did last night. Technicals turned up, but significant resistance continues to cap upside.…
The traders of precious metals are still interested in platinum and palladium, as both resources are above critical support levels. Although some pullbacks have occurred, the general form is still there, and modern consolidation is being considered one of the possible patterns of continuation. Platinum Gains More Than $2,100 Following Parabolic Growth Trading Economics shows…
Palladium continued to be in a tight range as sellers weighed in on XPD/USD to trade it to the bottom side of the range. The common charts ranged from around $1239 to $1264, based on the market feed, while the spot data recorded losses exceeding 2% during the trading session. It joined a wider sell-off…
Palladium is once again under pressure and has not been able to break out of a falling wedge resistance trendline, with price action indicating the bears have taken control. Technical charts analyzed by market analysts display the metal trying to establish a breakout but failing as trading is fading near important resistance levels. Importantly, the…
The palladium price is struggling to gain traction following a period of volatility that has taken it down from the highs posted earlier in 2026. Price is currently trading around $1,245 per ounce, with price chart indicators showing a degree of consolidation on the daily timeframe following a quick move lower from the year’s peak…
Amidst an economic crisis, precious metals like gold and silver often act as a safe haven for capital, while other assets fall in value.However, growing concerns over the coronavirus and a possible recession in the near future have created such hysteria and panic, that not even silver, gold, platinum, palladium and other precious metals are…