Palladium 4 Hour Price Update

Updated August 17, 2020 11:18 AM GMT (07:18 AM EST)

The back and forth price flow continues for Palladium, which started the current 4 hour candle off at 2108.98 US dollars, down 2.68% ($58.02) from the last 4 hour candle. 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

2108.98 was the closing price of the day for Palladium, resulting in today being one in which price moved down 2.68% ($58.02) from the previous day. Relative to other instruments in the metals asset class, Palladium ranked 4th since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Palladium.

XPDUSD

Palladium Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Palladium crossed below its 20 day moving average yesterday. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Palladium’s price has gone up 18 of the previous 30 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Palladium: