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InvestingScope
Mar 22, 2019 2:20 PM

Palladium: Turning parabolic towards 1,800? Long

PALLADIUM / U.S. DOLLARICE

Description

It is no secret that Palladium is on a strong long term bullish trend, and we have discussed this subject on this
(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.
Comments
etfsandstuff
PD has been one of my favorite investments for years now. Great fundamentals and technicals.
InvestingScope
@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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