Investing Haven
No Result
View All Result
Gold Silver Investing >>
CRYPTO INVESTING >>
  • 2025 Forecasts
    • 10 market predictions
    • Dow Jones forecast
    • S&P 500 forecast 2025
    • Nasdaq prediction 2025
    • Best altcoins to buy
    • Best crypto to buy now
    • Which crypto will explode
    • 15 crypto forecasts 2025
    • Which precious metal to buy
  • Silver
    • Silver prediction 2025 – 2030
    • Will silver exceed $30?
    • When will silver hit $50?
    • Can silver hit $100?
    • Silver shortage
    • 50-year silver chart
    • Silver bullish reversal
    • Silver seasonality charts
    • How to invest in silver
  • Gold
    • Gold prediction 2025 – 2030
    • Will gold set new ATH?
    • Will gold hit $3,000?
    • Can gold hit $10,000?
    • Gold chart 10 years
    • Gold chart 50 years
    • Gold chart 100 years
    • Gold silver ratio
    • Gold seasonality charts
  • Commodities
    • Coffee forecasts
    • Sugar forecasts
    • Nickel forecasts
    • Lithium investing
  • Crypto forecasts
    • BTC prediction 2025 – 2030
    • ETH prediction 2025 – 2030
    • SOL prediction 2025 – 2030
    • XRP prediction 2025 – 2030
    • XLM prediction 2025 – 2030
    • BNB prediction 2025 – 2030
    • ADA prediction 2025 – 2030
    • AVAX prediction 2025 – 2030
    • KAS prediction 2025 – 2030
    • NEAR prediction 2025 – 2030
    • BCH prediction 2025 – 2030
    • LINK prediction 2025 – 2030
    • DOT prediction 2025 – 2030
    • SUI prediction 2025 – 2030
    • ICP prediction 2025 – 2030
    • LTC prediction 2025 – 2026
    • STX prediction 2025 – 2030
    • DOGE prediction 2025 – 2030
    • SHIB prediction 2025 – 2030
    • PEPE prediction 2025 – 2030
    • FLOKI prediction 2025 – 2030
    • WIF prediction 2025 – 2030
    • ONDO prediction 2025 – 2030
  • News
    • Crypto news
    • Commodities
    • Markets & Stocks
  • Login
Investing Haven
No Result
View All Result

Home » Commodities & Gold » Palladium Set To Move Higher After Confirming Our 2021 Decision Point

Palladium Set To Move Higher After Confirming Our 2021 Decision Point

Taki T. by Taki T.
April 4, 2021
in Commodities & Gold
palladium price
2.6k
VIEWS
Share on FacebookShare on Twitter

Exactly 4 more months ago we wrote our Palladium Price Forecast for 2021 in which we pinpointed March 15th, 2021 as a decision point. We are following up on our palladium forecast, and try to understand what 2021 will bring.

One of our followers wrote this note last night:

“I’m very interested in the PGMs and the lingering structural deficit in Palladium in particular, so I would be really keen to hear what you think about the 2021/2022 Palladium price given the current highs of almost $2,700.”

Before looking at the charts we will start with our assessment on December 13th, 2020, when we wrote our palladium forecast (link).

This is one quote (high level summary, top of the article):

Our palladium forecast for 2021 has a bearish bias as we expect $2,350 to act as resistance. March 15th, 2021 is a very special date, this is why.

This is the other quote (summary, end of the article):

How to read this: if palladium falls below 2,000 after March 15th, 2021, we will see much (MUCH) lower palladium prices in 2021. The opposite is true as well: if palladium breaks above this bearish topping pattern, which is $2,350 (our pivot point for 2021) it will continue to be bullish, especially if it also succeeds in staying above $2,500.

How much more accurate could we have been?

Note that all charts we used in this article are exactly the same charts we created early December, 4 months ago. Especially the patterns, like the rising channel and the rounded pattern, are the ones we created back then and did not touch it since then!

The weekly chart shows a decisive move higher … in the week of March 15th, 2021. The big green candle on the weekly chart is the one that confirms the bullish decision of this market.

palladium price forecast

The daily chart shows how palladium climbed above the rounded bearish pattern near the end of January, flirted with the rounded pattern between February and mid-March, only to push higher … around March 15th, 2021.

palladium price forecast

In order to understand what palladium wants to do now we need a close up of the daily chart above, which is the one we show below.

The 2599 USD level is the one that is important to us. It is the ‘line in the sand’ for a strong bull market. It also is the point where palladium gave up, last year February, when the Corona crash hit. Palladium broke out above 2599 USD on March 17th, 2021, and successfully tested it again a few days before the start of April.

palladium price forecast

These charts suggest that palladium (a) wants to move higher (b) is moving to its first target which is the median line around 2900 USD, also former ATH (c) it has a higher probability of moving higher because of its 7 month consolidation period.

The real spectacle will happen once palladium crosses its median line. We need to assess the pattern that it creates between 2599 USD and the moment it is going to touch its median line to understand if palladium will be able to move to the top of its current long term channel (in green on above charts).

10-YEAR ANNIVERSARY OFFER: InvestingHaven.com celebrates 10 years. Temporarily, you can enjoy a discount on our premium gold/silver and crypto reports. Or you can become a VIP member. Go to our anniversary deals >>
Receive our weekly newsletter.

premium service SP-500 premium service trade alerts premium service crypto teaser 

No related posts.

Tags: PALLADIUM
Taki T.

Taki T.

Taki is a chart analyst who is passionate about unlocking unique insights out the chart. While the vast majority of analysts remain focused on price analysis, Taki starts with timeline analysis and adds price analysis to this. In doing so, he developed a unique methodology to find opportunities in financial markets, across assets and markets.

Connect with InvestingHaven

Receive top notch forecasts for free.

*We hate spam as you do.

Site Navigation

  • RSS Feed
  • About us
  • Advertising
  • Sponsored Content Policy
  • Mission 2026
  • Sitemap
  • Privacy & Disclaimer
  • Terms of Service
  • Contact Us
investing haven logo

Precious metals market analysis including gold and silver price predictions. Crypto market analysis including highly accurate BTC ETH SOL XRP forecasts.

Copyright © 2025 InvestingHaven

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Receive top notch forecasts for free.

*We hate spam as you do.

No Result
View All Result
  • News
  • 2025 Forecasts
    • 10 market predictions
    • Dow Jones forecast 2025
    • S&P 500 forecast 2025
    • Nasdaq prediction 2025
    • Best crypto to buy now
    • Which crypto will explode
    • Best altcoins to buy
    • 15 crypto forecasts 2025
    • Which precious metal to buy
  • Silver articles
    • Silver prediction 2025 – 2030
    • Will silver exceed $30?
    • When will silver hit $50?
    • Can silver hit $100?
    • Silver shortage
    • 50-year silver chart
    • Silver bullish reversal
    • Silver seasonality charts
    • How to invest in silver
  • Gold
    • Gold prediction 2025 – 2030
    • Will gold set new ATH?
    • Will gold hit $3,000?
    • Can gold hit $10,000?
    • Gold chart 10 years
    • Gold chart 50 years
    • Gold chart 100 years
    • Gold silver ratio
    • Gold seasonality charts
  • Commodities
    • Sugar forecasts
    • Coffee forecasts
    • Nickel forecasts
    • Lithium investing
  • Crypto news
  • Crypto forecasts
    • BTC prediction 2025 – 2030
    • ETH prediction 2025 – 2030
    • SOL prediction 2025 – 2030
    • XRP prediction 2025 – 2030
    • XLM prediction 2025 – 2030
    • BNB prediction 2025 – 2030
    • ADA prediction 2025 – 2030
    • AVAX prediction 2025 – 2030
    • KAS prediction 2025 – 2030
    • NEAR prediction 2025 – 2030
    • BCH prediction 2025 – 2030
    • LINK prediction 2025 – 2030
    • DOT prediction 2025 – 2030
    • SUI prediction 2025 – 2030
    • ICP prediction 2025 – 2030
    • LTC prediction 2025 – 2026
    • STX prediction 2025 – 2030
    • DOGE prediction 2025 – 2030
    • SHIB prediction 2025 – 2030
    • PEPE prediction 2025 – 2030
    • FLOKI prediction 2025 – 2030
    • WIF prediction 2025 – 2030
    • ONDO prediction 2025 – 2030
  • Premium Crypto Alerts
  • Premium services

Copyright © 2025 InvestingHaven