Palladium Strength - Nearing possible breakout to 2-Year Highs
Looking at the precious metals market so far this year: Palladium > Gold > Silver/Platinum. The market may turn higher soon; if so, Palladium is the metal to back.
Palladium is close to breaking out of a 2-year trading range.
Stop below the recent reaction high. Target 1 at the recent high. Target 2 at an intermediate level above Target 1 and below Target 3. Target 3 at the high 2 years ago.
Palladium is close to breaking out of a 2-year trading range.
Stop below the recent reaction high. Target 1 at the recent high. Target 2 at an intermediate level above Target 1 and below Target 3. Target 3 at the high 2 years ago.