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PALLADIUM


phillo

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I wanted to place @elle and @Caseynotes post in this forum. Palladium is the best positive commodity performer over the last this year. Who else has invested or who's using TA for this commodity? Is this one to watch for 2020?

  On 31/12/2019 at 13:23, Caseynotes said:

Commodity returns for 2019.

and the winner is ...

Palladium: +57% - WTI Oil: +34% - Coffee: +30% - Gasoline: +29% - Rice: +28% - Soybean Oil: +27% - Brent Oil: +23% - Platinum: +22% - Lumber: +21% - Heating Oil: +20% - Gold: +18% - Lean Hogs: +17% - Silver: +14% - Sugar: +12% - Wheat: +11%

Investing.com

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Palladium the winner . Here's an update of my chart from the PALLADIUM thread

Capture pall.PNG

 

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    10 minutes ago, TrendFollower said:

    @CharlotteIG,

    Palladium is without a doubt one of the top performers not only in Commodities but overall assets in 2019. The chart, trend and price action do not lie. 

    For me going forwards the key is whether the recent high is taken out on the upside or whether we see trend weakness with this key price area failing to be breached. That will help determine the forthcoming price direction of any trend.

    This is one to watch in 2020 for sure, especially if the move upwards continues. However, if it does not then it could be one of the best assets to short in 2020 with profit taking, shorts being closed and new shorts being opened thus amplifying any move downwards. 

    From a trend following perspective, Palladium, has been a trend followers dream over the past 1.5 years. You may find some posts from me on this in my 'Precious Metals' thread. 

     

    I've just gone to 'Precious Metals. 

    On 03/12/2019 at 19:47, TrendFollower said:

    Precious Metals are performing well today along with Bonds with the US-China narrative as the backdrop. 

    Palladium is continuing its upward trajectory. The 'Awesome Oscillator' is supporting the price action we are witnessing in this asset. It is demonstrating strong momentum in the time period of the trend which has lasted quite a while now. In fact well over a year and approaching a year and a half. 

    1631490585_SpotPalladium_20191203_19_45.thumb.png.e0c538c53199e9593726a437fbd9f0fa.png

     

    If anyone is interested in Precious metals, this will be a great chat for you! :) 

     

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    • 4 weeks later...

    THE BAD NEWS IS OUT BUY PD FUTURES 2160/2220 AUTO ROLL .TRADE WITH 20%IN YOUR ACC .TAKE PROFITS 2850/3000 AUGUST TO NOV .EXPECT BAD CAR SALES FIGURES ALL YEAR .THE LACK OF METAL WILL DRIVE THE PRICE A LOT HIGHER. THE POOR CAR SALES ARE THE HEAD WINDS OR THE PRICE WOULD HIT 3860.😇

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    Just now, PALL said:

    THE BAD NEWS IS OUT BUY PD FUTURES 2160/2220 AUTO ROLL .TRADE WITH 20%IN YOUR ACC .TAKE PROFITS 2850/3000 AUGUST TO NOV .EXPECT BAD CAR SALES FIGURES ALL YEAR .THE LACK OF METAL WILL DRIVE THE PRICE A LOT HIGHER. THE POOR CAR SALES ARE THE HEAD WINDS OR THE PRICE WOULD HIT 3860.😇

    NEVER SHORT

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