Palladium at 60-week low.

OANDA:XPDUSD   CFDs on Palladium
Palladium - Intraday - We look to Sell at 1588.5 (stop at 1611.9)

Trades at the lowest level in 60 weeks.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
Previous support at 1590 now becomes resistance.
We look for a temporary move higher.

Our profit targets will be 1530.1 and 1525.1

Resistance: 1531 / 1545 / 1560
Support: 1517 / 1500 / 1480

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