Palladium (XPDUSD) Up $17.9 in Last 4 Hours, Tops All metals; Pin Bar Pattern Appearing on Chart

Palladium (XPDUSD) Up $17.9 in Last 4 Hours, Tops All metals; Pin Bar Pattern Appearing on Chart

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Palladium 4 Hour Price Update

Updated June 30, 2020 12:58 AM GMT (08:58 PM EST)

Palladium’s 3 four-hour candle negative streak has officially concluded, as the candle from the previous 4 hours closed up 0.97% ($17.9). On a relative basis, the current 4 hour candle were pretty good: Palladium bested all 5 of the assets in the metals class 🙂

Palladium Daily Price Recap

Palladium is up 2.01% ($37.45) since yesterday, marking the 2nd day in a row an increase has occurred. Palladium outperformed all 5 assets in the metals asset class since yesterday. The daily price chart of Palladium below illustrates.

Palladium Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Palladium’s price has gone up 5 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

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