NEWS: Palladium price is increasing 5.5% as tensions continue to rise in the Middle East.
Possible Scenarios:
If Palladium fails to breach through R2 of 2076.05, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R2 of 2076.05, our Research Department expects the Palladium to extend its gains to its R3 of 2127.92.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1782.08 |
1833.95 |
1885.83 |
1955.00 |
2024.17 |
2076.05 |
2127.92 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
|
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €83.57 |
(+/-) £72.54 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.19664
***GBP/USD = 1.37860
Calculations for exchange rate used as of Wednesday, January 28, 2026, 14:30 GMT