Buying XPD at trend line support.

Palladium - Intraday - We look to Buy at 1865.1 (stop at 1842.9)

Trend line support is located at 1865.
Bespoke support is located at 1850.
We look to buy dips.
We look for a temporary move lower.
We are trading at oversold extremes.

Our profit targets will be 1918.8 and 1924.8

Resistance: 1930 / 1958 / 1987
Support: 1900 / 1880 / 1850

Risk Disclaimer

The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.

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oandaPalladiumtradeideaTrend AnalysisTrend LinesxpdXPDUSDxpdusddailyxpdusdlongxpdusdsignals

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