On the 4-hour chart, the Palladium vs USD commodity instrument appears to be trying to break and close above the 944.00 level, which is confirmed by the appearance of Divergence between the XPD/USD price movement and the Stochastic Oscillator indicator. If this level is successfully broken, then XPD/USD will continue to strengthen again to the 954.61 level, even if the volatility and momentum of its strengthening support XPD/USD, it can continue to strengthen again to the 985.11 level, but if on its way to the targets of these levels, there is a sudden weakening correction until it breaks and closes below the 897.02 level, then the strengthening setup that has been described previously automatically becomes invalid.
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