3:27 PM · 30 April 2021

📈Palladium broke above $3,000

Palladium price continues to move upward, partially due to mounting supply disruptions, after Russian mining giant and the world's largest palladium producer, Nornickel confirmed that mine closures due to flooding are likely to cause a decline in production. Moreover, the demand for this metal should increase due to the economic rebound in the world.

Looking technically at the palladium chart, we have been observing a systematic upward movement for some time. Last week, the upward move intensified and the price broke above the upper limit of the upward channel as well as the resistance zone resulting from the February highs. The zone marked in green at $ 2,855 remains a key support in the short term. Resistance lies around $ 3,250 and is marked with the 127.2% Fibonacci retracement.

Palladium interval D1. Source: xStation5

17 September 2026, 8:46 AM

Chart of the day 🔼 Gold rebounds 1.3% despite hawkish Fed stance (17.09.2026)

16 September 2026, 8:19 PM

📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls

16 September 2026, 7:59 PM

Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.

16 September 2026, 6:02 PM

🟡Gold gains 1.2% ahead of Fed decision

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits