NEWS: Palladium price is increasing 2.1% recovering from this morning’s losses as worse than expected China trade data was published.
Possible Scenarios:
If Palladium fails to breach through R1 of 1425.47, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1425.47, our Research Department expects the Palladium to extend its gains to its R2 of 1444.76.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1335.45 |
1354.74 |
1374.03 |
1399.75 |
1425.47 |
1444.76 |
1464.05 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.69 |
(+/-) £76.31 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15356
***GBP/USD = 1.31044
Calculations for exchange rate used as of Friday, November 07, 2025, 09:25 GMT