Palladium (spot) ST: the upside prevails as long a

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

XPDUSD

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 **

2500.75

2399.91 last

2356.00

2325.25 **

Disclaimer

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