What are the support and resistance levels for palladium?
Using classic floor-trader pivots from the recent range, palladium has support at MAD395.55 and MAD390.29, and resistance at MAD407.00 and MAD413.20, around a pivot of MAD401.75 per gram.
The detail
Pivot levels are arithmetic on the recent high, low and close — not predictions. They are useful mainly because many traders compute the same numbers, which can make them briefly self-fulfilling.
A level "holding" or "breaking" is only meaningful in hindsight. Treat these as reference points on a chart, not as thresholds that will be respected.
How this answer is produced
Related questions about palladium
Also searched
palladium support and resistance · palladium pivot points · palladium resistance level today