Tag: palladium price

Metals Complex: Every Which Way but Up

Metals Complex: Every Which Way but Up

Gold is unresolved but weak. Silver looks neutral. Aluminum is poised to reverse the base. Copper is retreating from major resistance. Platinum poised to break down. Palladium is neutral.

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Palladium Holding Up Better than Gold

Palladium Holding Up Better than Gold

Palladium caught my eye on Tuesday because it held up quite well when other metals were getting hit hard. Gold was down around 1.5%, while platinum and silver fell around 2%. Palladium was down just .26% and it is edging higher in early trading on Wednesday.

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Palladium Outshines Other Metals

| December 2, 2014 | Category: Price
Palladium Outshines Other Metals

It has been a rough ride for metals over the last six weeks, but two stand out since mid October. The PerfChart below shows the percentage change in six key metals since mid October, which is when the stock market bottomed. The Silver ETF, Gold SPDR, Platinum ETN and Copper ETN are down, while the Aluminum ETN and Palladium ETF are up. I would not go as far as to suggest that money is rotating into aluminum and palladium, but these two are clearly the strongest of the lot.

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Gold And Silver Directionless, Palladium And Aluminium Bullish

| September 1, 2014 | Category: Price
Gold And Silver Directionless, Palladium And Aluminium Bullish

This is the monthy technical analysis by Louise Yamada, exclusively for premium subscribers. In her August 2014 report, she shows the technical levels to watch for all four precious metals, including copper and aluminium. In gold, here remains a series of lower highs all the way from the peak in price and continues within the past year’s trading. Silver is struggling with support. Palladium, however, remains very strong from a technical point of view, and hence bullish. Alluminum is rallying from a a multi-year bottom.

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Gold Chart – False Breakdowns And Breakouts Suggest Indecision

Gold Chart – False Breakdowns And Breakouts Suggest Indecision

Gold Spot price experienced a false short-term breakout through the April 2014 peak at 1,327, and promptly fell back into the narrow trading range of the past 4 months. In failing, Gold put in place a third lower rally peak since 2013 suggesting there is not yet enough demand to get through those resistance levels. Each lower rally peak suggests someone coming in to sell the rally.

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The Best Performing Precious Metal So Far In 2014 Is Palladium

The Best Performing Precious Metal So Far In 2014 Is Palladium

Palladium is by far the best performer among the precious metals. Since the start of this year it’s price has increased with 18% (approximately) while the second performer (silver) added 10% to its price. The other three metals have a very similar percentual price rise over 6 months. Silver has been the laggard till early June when it accelerated its strength in a very short time span. This is the “restless” characteristic of silver.

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Gold, Silver, Palladium Mildly Rally in June 2014 While Platinum Neutral

Gold, Silver, Palladium Mildly Rally in June 2014 While Platinum Neutral

This is the monthy technical analysis by Louise Yamada, exclusively for premium subscribers. In her June 2014 report, she shows the technical levels to watch for all four precious metals. Gold’s rally carried through the 2012 downtrend and lifted again through the 200-day MA. The weekly momentum model is trying to turn positive and the monthly is also trying to improve toward positive. Silver and palladium have a similar technical picture.

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Platinum And Palladium: The Birth of a New Bull Market

| May 19, 2014 | Category: Price
Platinum And Palladium: The Birth of a New Bull Market

Because underneath the headlines lies an irreparable situation with the Platinum Group Metals market, one that will last at least several years and probably more like a decade. This market is teetering on the edge of a supply crunch, one more perilous than many investors realize. As the issues outlined play out, prices will be forced higher—which signals that we should diversify into the “other” precious metals now.

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Precious Metals Set V-Bottom At Key Support Level

| April 24, 2014 | Category: Price
Precious Metals Set V-Bottom At Key Support Level

The precious metals have had a very choppy day, with the triggering of downside stops resulting in sharp falls in gold, silver, platinum and palladium. All of the metals have since stabilised and recovered, though palladium is the only metal actually trading higher on the day. Palladium meanwhile continues to garner support from further ETF inflows.

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Palladium Price Set To Go Higher On Supply Shortage

| April 14, 2014 | Category: Price
Palladium Price Set To Go Higher On Supply Shortage

As indicated previously, both platinum and palladium have broken out of a long trading trange. The following chart shows how palladium is holding up very well above the support line (which once was very strong resistance), and is even building up strength. The law of supply and demand will kick soon kick in, taking the two grey metals higher. In particular, palladium could surprise many with much higher prices in the (near) future.

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The Real Reason Why Platinum And Palladium Prices Will Rise

The Real Reason Why Platinum And Palladium Prices Will Rise

Platinum and palladium are primarily responsible for purifying the air from motor exhaust of most of the pollutants that threaten air quality. So far, the price increase has been entirely due to supply constraints. Demand has been steady because of a lackluster recovery. If we experience a recovery of demand, the impact on the price of the metals could be dramatic. I believe it’s a matter of ‘when,’ not ‘if’ that happens.

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Palladium Prices Pushed Higher By Geopolitical And Labor Crises

Palladium Prices Pushed Higher By Geopolitical And Labor Crises

For the last few weeks, one of the lead stories in precious metals news has been the various lawsuits and international criminal investigations of the world banking cartel’s alleged gold market price fixing. However, several key stories regarding another important precious metal, namely palladium, have largely been pushed off the PM news radar.

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Palladium Near Its Highest Level in Almost a Year

Palladium Near Its Highest Level in Almost a Year

As a general rule of thumb, we all know that fundamentals are not always reflected in the charts. It mostly takes some time until the price follows fundamentals. For palladium in particular, there is a very high probability that its chart starts reflecting the strong supply/demand fundamentals.

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It’s Official: Platinum and Palladium Have Broken Out

It’s Official: Platinum and Palladium Have Broken Out

In the last few weeks, we had “warned” several times how the price of platinum and palladium were at major resistance on their long term daily charts. As of today there is no doubt anymore. Both metals have broken out strongly on big volume. All conditions are met for a long term break out.

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