Palladium remains a difficult metal to trade and given the bounce of the 50% retracement at 754, we are seeing a strong demand and potentially higher move off this price. We cannot rule out another attempt to take out 787.
Buy should price pullback between 765 - 775 level with stop at 756 target between 790 to 820 level.
Should the target profit hit, we could look to reverse the trade and short Palladium.
Buy should price pullback between 765 - 775 level with stop at 756 target between 790 to 820 level.
Should the target profit hit, we could look to reverse the trade and short Palladium.