$XPD/USDT LONG TRADE SETUP
$XPD (Palladium) is currently trading at 1,799.10, showing a strong recovery after bouncing off its 24h low of 1,729.78. The 15m chart displays a clear bullish reversal, with the price breaking out of a consolidation zone and forming a series of higher highs and higher lows.
Momentum is currently favoring the bulls as the price stabilizes above the 1,785 support level. If the current buying pressure continues, we expect a retest of the recent local peak at 1,821.16 and a potential move toward higher resistance zones.
Target Points
TP1: 1,815.00
TP2: 1,830.00
TP3: 1,850.00
Stop Loss
Set stop loss below 1,765.00 to manage risk against a potential breakdown below the recent swing low and primary support level.
Buy and Trade here on $XPD
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