Wt Physi Pallad Discussion Threads

[traderabc] 28/2/2014 14:44

ARTICLES TAGGED "PALLADIUM MARKET NEWS"

[traderabc] 28/2/2014 12:02

Rangebound or what? One day this metal will have its day in the sun..

[traderabc] 04/10/2013 11:49

Tuesday, October 1, 2013
David Franklin
Palladium's Future is Bright

With all eyes glued to the political wrangling in Washington, and the impact of the government shutdown that took effect this morning, attention has been diverted from some very bullish developments in the palladium market.

The price of the metal has struggled for direction most of this year oscillating between $650/ounce and $750/ounce amid a wider selloff of precious metals driven by concerns about the U.S. scaling back stimulus and a struggling global economy. With a focus on market fundamentals, we believe palladium has the potential to fulfill earlier expectations of robust gains this year. Palladium has already outperformed other precious metals so far this year with gold down 20%, silver down 28% and platinum down 8%, palladium is the only bright spot appreciating by 3% on a year-to-date basis. Palladium has successfully detached itself from the other precious metals and given recent events we think this divergence will continue.

[traderabc] 05/2/2013 12:27

PALLADIUM'S PROSPECTS LOOK GREAT!


While the mainstream business news has been obsessing about the recent highs in the stock market, and while gold bugs have been lamenting about the flat performance of gold, a lesser known commodity has been manifesting excellent gains as well as stability over the past few months. That commodity is platinum's little sister, palladium. Yesterday, palladium traded as high as $755, its strongest level since September 2011.

[andrewbaker] 01/2/2013 11:53

Time to buy in to palladium on its own (and I already hold it through the Precious Metals ETF), as a substitute for gilt, treasury and other sovereign bonds. I'm also taking a position in a short gilts ETF: XUGS. These two - perhaps with platinum as well - will be good homes for money currently in bonds.

[traderabc] 22/11/2012 17:24

Platinum & Palladium – A Nice Addition to Your Precious Metals Portfolio

[traderabc] 15/11/2012 15:18

Bloomberg News
Platinum, Palladium Shortage Most in a Decade on Supply

Platinum and palladium will return to the biggest shortages in at least a decade this year as strikes and safety stoppages in South Africa and falling sales from Russia cut supplies, Johnson Matthey Plc (JMAT) said.

[traderabc] 23/2/2012 17:43

First few mins

Silver Update 2/22/12 Volcker Rule

[navyan] 02/2/2012 17:51

GOLD has been very bullish beginning of this year, if it can continue its momentum make all time high, then should be good for other precious metal too.

[traderabc] 02/2/2012 13:58

Thanks navyan, I suspect it will go the way the rest of the metals go, they all seem to move together.

[navyan] 02/2/2012 13:55

Bulls need to push it to above 71 and a weekly close above it would be nice.

[traderabc] 02/2/2012 13:52

The black line prediction seems to be unfolding. Navyan what do you think may happen next?

[traderabc] 19/12/2011 15:24

does it make sense?


Thanks, navyan yeah, sort of. Obviously I'd prefer the black line prediction.

[navyan] 19/12/2011 01:02

hi trader. I will resume the unfinished comments on the below chart:

... it will confirm the red 5th wave has started. the 2nd scenario (in black color labelling) that the 5th wave was already completed at 56p above the end of the 3rd wave, and makes it so called 'Truncated 5th' then we should expect an ABC correction to the upside to correct the whole of 12345 impulse move, and this scenario will be confirmed when the price breaks above the 70.8p level. (because to negate the red color wave count, the 4th wave cannot overlaps with the 1st wave, so if the price goes above 70.8p that means it is no longer a 4th wave, which confirms the Black color labelling is true) please note, I also marked the resistance zone and the support zone on the chart.

does it make sense?

[traderabc] 16/12/2011 17:30

Navan, Im not much of a chartist, but isnt it a good sign that the lows since October are each a little higher? There seems to be some good support in that area, what do yoi think?

[navyan] 22/11/2011 18:37

Chart update.

Looks like my previous wave count was the correct one. 50p looks to be the end of 5th wave. Good low risk entry price for the bulls. imo

[navyan] 14/11/2011 18:33

yeah trader, you are right.

I have changed the wave count to this. It could just follow the GOLD market.

[traderabc] 14/11/2011 13:56

This is a tough one, I've got a feeling it's going to move close to a hundred dollars by Christmas, it's the direction that worries me.
Navyan I take it you're still bearish unless it breaks 70?

[traderabc] 27/10/2011 12:21

Thank navyan, I have a feeling you may be right about this one, I thought it would need longer to consolidate below 60, weeks not days. This price action seems a little bit too good to be true..

[navyan] 27/10/2011 11:54

in Elliott Wave rules, wave 4 can not overlap wave 1, so when the price goes above 70p it will overlap wave 1, if that happens, then this wave count become invalid. so as long as the price is below 70p, technicaly this 4th wave wave count is still on.

[traderabc] 27/10/2011 11:46

navyan, at what point does the price action negate that forecast?

[navyan] 26/10/2011 11:36

it is what we are expecting yes trader.

[traderabc] 26/10/2011 10:34

navyan correct me if I'm wrong but today (or very soon) should see this reverse on the wave 4 and fall lower then the last low, is that right?

[traderabc] 08/10/2011 12:48

navyan, with time we will see ;-)