A key channel that palladium has been in broke after testing it yesterday, waiting on confirmation then shorting with a target at the support line
After completing the move up from the support line a bounce off the 0.236 residence line could see a move back down to test and possibly break the trend line. This 0.236 line has proved to be a strong technical indicator recently.
Watch for break out of key resistance at the upward trend, with a retracement down to the 0.786 possible if a break of the 0.5 line occurs.