Palladium is looking pretty much ready for a resolution of this horizontal consolidation pattern. having dropped more than 50percent from 2022 peaks and trading cheaper than 2001 peaks i have a feeling this pattern will resolve to the upside shortly.
Placing stops at 842 dollars with upside targets indicated targeting 0.682Fib and 200SMA.
Placing stops at 842 dollars with upside targets indicated targeting 0.682Fib and 200SMA.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.