Palladium Price Analysis: XPD Tests Recovery Zone as Momentum Indicators Remain WeakPalladium (XPD) Price Tests Recovery; Momentum Is Weak. Palladium (XPD) is seeking to resume the upward trajectory after the long fall from the peak of2026, with the price trading near$1,381 per ounce. As can be seen from Trading Economics data, in February palladium prices registered a peak close to $2,200 prior to the initiation of a sustained downtrend. In a shorter-term outlook, the TradingView platform’s palladium perpetual futures indicate price levels near $1,382. Palladium prices began their recovery around these support levels, returning close to the $1,380 range, retracing what could be the beginning of a new phase.