Palladium: Turning parabolic towards 1,800?

FX_IDC:XPDUSD   CFDs on Palladium
It is no secret that Palladium is on a strong long term bullish trend , and we have discussed this subject on this comparison with Gold where we estimated a target of 1,367 (see the chart below).

XPDUSD has even outperformed this target and is currently on a very interesting development where it can turn parabolic towards 1,800. Even if that doesn't materialize, the RSI shows that the target can be fulfilled either on the current 1D Channel Up ( RSI = 58.312, MACD = 34.870, Highs/Lows = 0.0000) or the Higher Low support provided by the previous Channel Up.

See our previous 1,367 target on the Palladium/ Gold comparison:

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Comments and likes are greatly appreciated.
High quality signals ( for live buy/sell opportunities on a variety of financial assets.
PD has been one of my favorite investments for years now. Great fundamentals and technicals.
InvestingScope etfsandstuff
@etfsandstuff, Fully agree. The potential can be much higher and we'll prepare a long term price projection that may currently seem odd but technically very realistic.
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