NEWS: Palladium price is falling -1.8% ahead of China’s trade data coming out tomorrow
Possible Scenarios:
If Palladium fails to breach through Reference Price of 1431.00, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its Reference Price of 1431.00, our Research Department expects the Palladium to extend its losses to its S1 of 1405.44
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1367.10 |
1386.27 |
1405.44 |
1431.00 |
1456.56 |
1475.73 |
1494.90 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.73 |
(+/-) £76.38 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15295
***GBP/USD = 1.30931
Calculations for exchange rate used as of Thursday, November 6, 2025, 14:45 GMT