Palladium (PA) Price Live
- Palladium1698.6+0.3750(+0.0200%)07:39:51(GMT)|Real-Time Data, Quoted in USD
- OpenN/A
- Day's Range1693.7 - 1700.6
- ClassCommodities
- Bid/Ask1697.9/1699.4
- SymbolPA
- Subclass / SectorMetals
PalladiumForecasts
all forecasts- Ole Hansen
Daily Commodity Focus: Natgas, Coffee and Palladium
Natural Gas (NGZ9: $2.61 +2,5%) trades higher for a second day and in the process it has broken above the $2.4/therm to $2.6/therm range seen during October. The jump has been driven by a return to winter focus with U.S.
- Chris Vermeulen
Palladium Sets Up Another Double Top Pattern
Is this Double-Top setup in Palladium another warning of a potential downside price move?
- Ole Hansen
WCU: Tight supply commodities reign
Commodity investors are watching supply as the growth narrative remains uncertain.
- James Hyerczyk
Metals Annual Market Recap – 2017
Metals had a strange year as the most desirable commodities lost their ‘safe-haven’ title to the new kid on the block, cryptocurrencies. Yet, most of the metals appreciated in value during 2017.
- Guest
Gold & Silver Trading Alert: New Important Technical Development
During Friday’s session, the USD Index plunged once again and so did the general stock market, while gold rallied over $20 and we see a new major technical development that we’ve been expecting to see for some time now. What’s new and what changed?Let’s start with gold (Sorce: stockcharts.com and sunshineprofits.com)Gold Daily ChartIn
PalladiumNews
all news
![Metals such as gold and silver were trading negative on Friday on a mix of improving market sentiment and a profit booking movement ahead of the weekend. However, both metals reacted to the upside following the weaker than expected nonfarm payrolls data published today. The same story happened with palladium and platinum that are now recovering positions. Copper is extending its already daily gain. U.S. job market extends its weak note The United States created 130K new jobs in August, well below the 158K expected by market and the previous data of 159K. The last month was revised 5K down from 164K. On the other hand, the wages growth rose 3.2% in August, above the 3.1% expected by the market. However, the number is a slowdown from July's revised 3.3% data. The unemployment rate remained at 3.7% another month, while the participation rate of the labor force rose to 63.2% in August from 63.0% in the previous month. Gold recovers almost all losses after NFP [caption id="attachment_598622" align="alignnone" width="1713"] XAUUSD 1-hour chart Gold September 6[/caption] Gold reacted positively after the weak nonfarm payrolls data in the U.S. and it is recovering almost all its daily losses. Early in the day, the metal broke below the 1,520 area and fell to test the 1,500 critical level, but after the employment report, it jumped to be traded at 1,517. Currently, the unit is trading 0.16% negative on the day at 1,516. On the week, the metal is ready to close its second negative week in a row as the unit has not been able to break above the 1,550 area. XAU/USD needs a run above the 1,527 to close positive on the period. Meanwhile, it is posting a 0.30% weekly decline. Silver turns positive after NFP [caption id="attachment_598623" align="alignnone" width="1713"] XAGUSD 1-hour chart Silver September 6[/caption] Silver just exploded after the nonfarm payrolls data on Friday and recovered all its previous daily losses to turn positive on the day at 18.65. Previously in the day, silver was trading down amid improved risk sentiment and profit-taking ahead of the weekend. XAG/USD fell from the 18.60 area to trade at 18.00, its lowest level since August 27. However, the U.S. employment report ignited the pair and sent it back to 18.70, where it is trading right now with a 0.35% daily gain. On the week, silver is ready to close its fifth positive week in a row, thought the unit is trading well below weekly highs at 19.50. Copper negative after testing the 2.6400 are [caption id="attachment_598624" align="alignnone" width="1713"] XCUUSD 1-hour chart Copper September 6[/caption] Copper is trading negative on Friday as investors are closing positions around the 2.6400 area before the weekend. After testing the 2.6420 level, its highest price in over a month, XCU/USD is currently moving 0.25% at 2.6180. XCU/USD is ready to close its second positive week. The base metal is posting a 3.10% weekly gain right now. It would be its best week in over six months.](https://responsive.fxempire.com/cover/60x40/foil1/_fxempire_/2019/09/Gold-And-Silver.jpg)
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Economic Calendar
ALL EVENTS| Time | Time Left | Country | Event | Impact | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|---|
21:00 | USD | Overall Net Capital Flows |  | 35.9 B | 70.5 B | |||
21:00 | USD | Foreign Bond Investment | | -30.5 B | ||||
22:00 | AUD | RBA Kent Speech | |
| Time | Time Left | Country | Event | Impact | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|---|
00:30 | AUD | RBA Meeting Minutes |  | |||||
10:00 | 02:24 | EUR | Construction Output YoY | | 2.7 % | 1.2 % | ||
11:00 | 03:24 | GBP | CBI Industrial Trends Orders | | -30 | -37 | ||
13:30 | 05:54 | USD | Building Permits MoM | | 0 % | -2.7 % |
PalladiumTechnical Analysis
Summary
- Moving AveragesSELL(18)
- IndicatorsNEUTRAL(7)
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 1764.3 | 1764.3 | 1764.7 |
| MA (10) | 1763.7 | 1764.2 | 1763.9 |
| MA (20) | 1765.0 | 1764.5 | 1763.9 |
| MA (50) | 1764.5 | 1755.3 | 1766.3 |
| MA (100) | 1722.6 | 1736.3 | 1746.6 |
| MA (200) | 1705.0 | 1705.0 | 1718.9 |
Trend Indicators
| MACD (12,26,9) | 0.4943 |
| ADX (14) | 13.5713 |
| RSI (14) | 49.5378 |
| Williams %R (14) | -50.7712 |
| Stochastic RSI (14) | 76.1914 |
| ROC (10) | 0.0113 |
| CCI (14) | -119.2661 |
| Ultimate oscillator (7,14,28) | 55.1373 |
| Stochastic Fast (14) | 49.2288 |
| ATR (14) | 8.1395 |
| BBands (20) | 13.9839 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 1744.9 | 1749.3 | 1756.3 | 1760.8 | 1767.8 | 1772.2 | 1779.2 |
| fibonacci | 1749.3 | 1753.7 | 1756.4 | 1760.8 | 1765.1 | 1767.8 | 1772.2 |
| camarilla | 1749.0 | 1750.0 | 1750.9 | 1760.8 | 1775.7 | 1776.7 | 1776.7 |
| woodie | N/A | 1309.1 | 875.96 | 1320.6 | 887.41 | 1332.0 | N/A |
| demark | N/A | N/A | 1758.5 | 1761.9 | 1770.0 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |
