Palladium (XPDUSD) Down $83.38 On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; Started Today Down 3.54%

Palladium Daily Price Recap

The back and forth price flow continues for Palladium, which started today off at 2273.62329 US dollars, down 3.54% ($83.38) from the previous day. Out of the 5 instruments in the metals asset class, Palladium ended up ranking 3rd for the day in terms of price change relative to the previous day. Below is a daily price chart of Palladium.

XPDUSD

Palladium Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Palladium crossed below its 20 day moving average yesterday. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard on Twitter

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

  • From palladiumtweets:

    Hong Kong #Palladium #Price Morning Session Open: $2367.8 USD per oz 2020-09-21 08:30:18 HKT