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Palladium: How We Played A Pattern (Now Running +53%)

  • Writer: Lester Davids
    Lester Davids
  • Oct 8
  • 1 min read

Research Notes October 2025 > https://www.unum.capital/post/roct2025

Trade Local & Global Financial Markets with Unum Capital.

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Now Running +53% Over Nine Months
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Previous Post (10 January): Palladium's Pattern Play


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A flat 200-day moving average is often accompanied by a price that is rangebound i.e. struggling to find direction. Whilst it can be frustrating in the short term, traders should remain alert to the potential for strength (or weakness) on the lower time frames which may be indicative of renewed buying (or selling) interest. In the case of Palladium, the commodity has rebound from below the 200-day SMA to above, and in recent sessions has unwind in from ultra short term overbought to re-test the 200-day SMA. If we start to see strength on the lower time frame and a break above the $1042 level, this could be a trigger for further upside, with the medium term target being the prior swing highs of $1252.


Palladium (XPD/USD) Daily Chart ...Notice Anything?

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Lester Davids

Senior Investment Analyst: Unum Capital

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