Palladium (XPDUSD) Outperforms All metals, Up 2.29%; But Still in a Downtrend Over Past 30 Days

Palladium Daily Price Recap

Palladium closed the previous day up 2.29% ($46.0101); this denotes the 4th day in a row an increase has occurred. Palladium outperformed all 5 assets in the metals asset class since the previous day. Below is a daily price chart of Palladium.

Palladium Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 10 days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Palladium for the past day were:

  • From TrivChannel:

    @thereal64967105 @Y94795724Eva @Busta_uk @Tomgoingplaces @invbluesky_ @Share_Talk @eurasiamining 😂Price inflation. Forgetting about #palladium price increase? Forecast? Precious metals boom?Oh and #EUA had 1.9moz then. After flanks would be ~8x increase in Pd reserves to 15 Moz. I believe that’s where the “billions” come fromPs. Try not to use dated information

  • From palladiumtweets:

    Hong Kong #Palladium #Price Morning Session Open: $1893.5 USD per oz 2020-05-18 08:30:23 HKT

  • From palladiumtweets:

    Hong Kong #Palladium #Price Morning Session Close: $2056.4 USD per oz 2020-05-19 14:30:23 HKT