NYMEX:PA1!   Palladium Futures
We have a triangle figure that has been drawn since the past. From June 14 to July 6, we have the beginning of a small uptrend that has emerged. On July 7, there was a big break in the long trendline, suggesting a renewed rise in the price, but the price reentered the triangle and made a range. The price being below the 50 period moving average, having re-entered the triangle and making a range; we are therefore waiting for a breakout and a potential pull-back before returning to sell.

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