Technical Analysis – Palladium’s correction from all-time Jpeak could be short lived as positive structure holds
Palladium futures look to have encountered significant support from the 50-day simple moving average (SMA) and the 2,250 level, which is the 38.2% Fibonacci retracement of the up leg from 1,376 to 2,786.16. The retracement off the fresh all-time high of 2,786.16, which has extended until the 38.2% Fibo of 2,250, is aided by the […]
