Palladium (spot) ST: the upside prevails as long as 2325.25 is support

Trading Central 2021-02-23 10:03:05

Our pivot point stands at 2325.25.

Our preference: the upside prevails as long as 2325.25 is support.

Alternative scenario: below 2325.25, expect 2247.25 and 2200.50.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 day moving average (respectively at 2339.59 and 2360.33).

Supports and resistances:

2641.75 **

2594.75 *

2547.50 **


2399.91 last


2325.25 **

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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