Palladium (XPDUSD) Up $0.9 Over Past 4 Hours, Entered Today Up 0.59%; Nears 20 and 50 Day Moving Averages

Palladium 4 Hour Price Update

Updated December 18, 2020 01:59 AM GMT (09:59 PM EST)

The choppiness in the recent four-hour candle price action of Palladium continues; to start the current 4 hour candle, it came in at a price of 2335.27271 US dollars, up 0.04% ($0.9) since the previous 4 hours. Palladium outperformed all 5 assets in the metals asset class since the previous 4 hours. Congrats to its holders!

Palladium Daily Price Recap

Palladium closed yesterday up 0.59% ($13.79); this denotes the 3rd consecutive day an increase has occurred. On a relative basis, Palladium was the worst performer out of all 5 of the assets in the metals asset class today. Below is a daily price chart of Palladium.

XPDUSD

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 5 out of the past 10 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.