NEWS: Palladium price is falling -4.3% after testing its highest price point in 8 months.
Possible Scenarios:
If Palladium fails to breach through S1 of 1099.14, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S1 of 1099.14, our Research Department expects the Palladium to extend its losses to its S2 of 1083.12
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1067.10 |
1083.12 |
1099.14 |
1120.50 |
1141.86 |
1157.88 |
1173.90 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.34 |
(+/-) £73.05 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17180
***GBP/USD = 1.36901
Calculations for exchange rate used as of Monday, June 30, 2025, 14:15 GMT+1