NEWS: Palladium price is rising 2.4.% after higher than expected ADP jobs report for October
Possible Scenarios:
If Palladium fails to breach through R1 of 1463.46, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1463.46, our Research Department expects the Palladium to extend its gains to its R2 of 1481.81.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1377.85 |
1396.20 |
1414.54 |
1439.00 |
1463.46 |
1481.81 |
1500.15 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €87.1 |
(+/-) £76.71 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.14813
***GBP/USD = 1.30367
Calculations for exchange rate used as of Wednesday, November 05, 2025, 13:42 GMT