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Palladium (XPDUSD) Down $126.17 in Last 4 Hours, Underperforms All metals; But Still in an Uptrend Over Past 14 Days

From cfdtrading.com

Palladium closed the previous 4 hours down 5.53% ($126.17); this denotes the 2nd candle in a row a decline has happened. Those trading within the metals asset class should know that Palladium was the worst performer in the class the current 4 hour candle. Palladium is down 5.44% ($124.32) since yesterday, marking the 2nd day in a row it has gone down. On a relative basis, Palladium was the worst performer out of all 5 of the assets in the metals asset class today. The daily price chart of Palladium below illustrates. {chart} The clearest trend exists on the 14 day timeframe, which shows price moving up over that ... (full story)

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  • Category: Technical Analysis