Silver, Gold and now Palladium !
Updated
Hey guys, your favorite bear is today interest buy the case of palladium !
Palladium shows signals of accelerated parabolic phase which tends to confirm a bubble market.
Let's recap the state of the precious metals market :
- Silver is in crash phase.
- Gold in an advanced bearish consolidation.
- Palladium in a bubble market.
Technicals indicators :
Price is well overextends over 200, 55, 21 and even over 7 monthly EMA : this is a strong signal of bubble.
RSI shows overbought conditions on monthly chart and bearish divergences on weekly and daily.
TD Sequential gives us a perfect daily 9 candlestick which implies a potential correction.
DISCLAIMER : I'm not financial advisor. I'm doing it for my own entertainment. You are responsable for your losses because you trade at your own risk.
PLEASE KEEP SHOWING ME YOUR SUPPORT : LIKES and follows are very HELPFUL.
Feel free to comment, share and follow for receive more informations.
Cheers !
Palladium shows signals of accelerated parabolic phase which tends to confirm a bubble market.
Let's recap the state of the precious metals market :
- Silver is in crash phase.
- Gold in an advanced bearish consolidation.
- Palladium in a bubble market.
Technicals indicators :
Price is well overextends over 200, 55, 21 and even over 7 monthly EMA : this is a strong signal of bubble.
RSI shows overbought conditions on monthly chart and bearish divergences on weekly and daily.
TD Sequential gives us a perfect daily 9 candlestick which implies a potential correction.
DISCLAIMER : I'm not financial advisor. I'm doing it for my own entertainment. You are responsable for your losses because you trade at your own risk.
PLEASE KEEP SHOWING ME YOUR SUPPORT : LIKES and follows are very HELPFUL.
Feel free to comment, share and follow for receive more informations.
Cheers !
Note
AND IT'S DONE ! NEARLY ALL MY CHARTS ARE IN THE GREEN NOW.Note
Before i forget : TP1 have been reached so it's time to take 50% of the profits. The other are free money now. Following this chart you should have made by now +20%.
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Disclaimer
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