NEWS: Palladium price increased 1.8%, amid rising demand for white metals
Possible Scenarios:
If Palladium fails to breach through R1 of 1322, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1322, our Research Department expects the Palladium to extend its gains to its R2 of 1345.25.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1213.50 |
1236.75 |
1260.00 |
1291.00 |
1322.00 |
1345.25 |
1368.50 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.92 |
(+/-) £74.37 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16386
***GBP/USD = 1.34457
Calculations for exchange rate used as of Monday, July 21, 2025, 09:20 GMT+1