HenrikDaCrypto

Palladium is crazy!!!

Long
CURRENCYCOM:PALLADIUM   Palladium
Palladium gained 40 percent this week! A high amount of Palladium comes from russia, that means the amount that can be sold is falling dramatically, good for the price!
Palladium formed a crazy parabolic curve and even broke above main resistance! Palladium needs a healthy correcture! I think a retest of 3k will happen in the next few days, the volatility is very high, but falling in the short term. Also 3.4k is a very strong resistance!
buy: around 3k
take profit 3.4k
stopp loss 2.950k

A always this is no financial advise! Do your own research!

Have a nice and profitable Monday!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.