Palladium (XPDUSD) Up $16.17 On 4 Hour Chart, Moves Up For the 2nd Day In A Row; Price Base in Formation Over Past 14 Days

Palladium 4 Hour Price Update

Updated July 07, 2020 07:18 AM GMT (03:18 AM EST)

Palladium is up 0.84% ($16.17) since the last 4 hour candle, marking the 2nd candle in a row it has gone up. Relative to other instruments in the metals asset class, Palladium ranked 4th since the last 4 hour candle in terms of percentage price change.

Palladium Daily Price Recap

Palladium closed the day prior up 0.84% ($16.17); this denotes the 2nd day in a row an upward move has occurred. Relative to other instruments in the metals asset class, Palladium ranked 4th since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of Palladium.

Palladium Technical Analysis

Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Palladium’s price has gone up 7 of the previous 14 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Palladium:

  • From palladiumtweets:

    Hong Kong #Palladium #Price Morning Session Open: $1926.3 USD per oz 2020-07-06 08:30:18 HKT

  • From palladiumtweets:

    London & Zurich #Palladium #Price Close: $1951.0 USD per oz 2020-07-06 17:00:18 CEST

  • From palladiumtweets:

    New York Comex #Palladium #Price Open: $1926.3 USD per oz 2020-07-06 08:20:18 EDT