Palladium (XPDUSD) Down $63.75 Over Past 4 Hours, Entered Today Down 3.16%; Pin Bar Pattern Appearing on Chart

Palladium Daily Price Recap

Palladium closed yesterday down 3.16% ($75.88); this denotes the 2nd day in a row a decline has happened. Relative to other instruments in the metals asset class, Palladium ranked 4th since yesterday in terms of percentage price change. Below is a daily price chart of Palladium.

XPDUSD

Palladium Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Palladium’s price has gone down 6 of the previous 10 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

Over on Twitter, here were the top tweets about Palladium:

  • From palladiumtweets:

    Hong Kong #Palladium #Price Morning Session Open: $2344.1 USD per oz 2020-09-18 08:30:18 HKT