Palladium came into the current 4 hour candle down 2.66% ($63.75) from the open of the last 4 hour candle, marking the 2nd consecutive candle a decline has happened. Out of the 5 instruments in the metals asset class, Palladium ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.
Palladium Daily Price Recap
Palladium came into today down 3.16% ($75.88) from the open of the day prior, marking the 2nd day in a row a decline has happened. 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
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 16 out of the past 30 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
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 palladiumtweets:
Hong Kong #Palladium #Price Morning Session Open: $2344.1 USD per oz 2020-09-18 08:30:18 HKT
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