NEWS: Palladium price is increasing 2.2% ahead of US Nonfarm Payrolls data on Friday.
Possible Scenarios:
if Palladium fails to breach through R1 of 1184.45, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1184.45, our Research Department expects the Palladium to extend its gains to its R2 of 1194.73.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1136.50 |
1146.78 |
1157.05 |
1170.75 |
1184.45 |
1194.73 |
1205.00 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.79 |
(+/-) £74.58 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16568
***GBP/USD = 1.34087
Calculations for exchange rate used as of Wednesday, September 3, 2025, 11:00 GMT+1