Peet_Serfontein

Palladium: further upside potential?

Long
OANDA:XPDUSD   CFDs on Palladium
The 200-day recently acted as major support and the price action remains above this key level.
Upside price momentum supports the bullish trend .
Above 2650 supports a bullish bias.
RSI leaves enough room for further upside price potential.
Pre-empting trade - adjust risk accordingly.
Profit target: 2900
Stop-loss: 2600