$XPD USDT (Palladium) Analysis

XPD
XPDUSDT
1,716.89
-5.95%

​Current State: Palladium has dropped 6.85%, hitting a low of $1,819.41.

​Technical Indicators:

​Price vs. EMAs: Much like Platinum, it is trapped under the EMA7 ($1,880.90).

​RSI: The RSI6 is extremely low at 16.45. This is "panic selling" territory, which often marks a local bottom for a scalp long opportunity.

​MACD: Significant bearish divergence with a DIF of -45.495, showing the downward move was very fast and violent.

​Prediction: A recovery toward $1,880 is likely in the next few hours as the market stabilizes. If it fails to hold $1,819, the next major psychological support sits at $1,800.

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