Freud_Mayweather

Palladium may still drop a bit, but best believe it is bullish

Long
TVC:PALLADIUM   CFDs on Palladium (US$ / OZ)
Demand will resume soon which means price will go up. Exactly when is hard to say, but it is sound logic. Palladium is needed for your car, when factories open up again, it is obvious what is going to happen. We have touched the first Fib. level and now appear to be going sideways. We could still drop to the Golden ratio but this could be an accumulation phase.

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