NEWS: Palladium price is rising 2.8%, hitting its highest rate in two months, following higher than expected unemployment rate in the USA.
Possible Scenarios:
If Palladium fails to breach through R2 of 1673.75, our Research Department expects Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R2 of 1673.75, our Research Department expects Palladium to extend its gains to its R3 of 1695.60.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1549.90 |
1571.76 |
1593.61 |
1622.75 |
1651.89 |
1673.75 |
1695.60 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €84.91 |
(+/-) £74.55 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17765
***GBP/USD = 1.34147
Calculations for exchange rate used as of Tuesday, December 16, 2025, 15:50 GMT