Palladium Forecast: The dream came true and there is more to go

Last year we entered a long trade on Palladium at 1125 USD. Our midterm target was 1350 USD. We have reached our target.

However, as I mentioned in my forecast, the longer term targets of the Palladium prices are higher. I called it the “New Gold”.

The reasons were very well explained. You can read the forecast PALLADIUM.

I wrote that 1350$ is not a dream. The traders who invested in Palladium futures instead of spending time with gold trade made fortunes.

Even the global growth concerns, trade wars could not stop the metal.

Positive news from the US- China trade talks will boost the bullish momentum. RSI has rooms for upside.

I just want to give the levels: 1375, 1437 and 1500.

Good Luck

Comment:

1375 has been reached.

Comment:

above Copper chart is telling us the bullish bias will continue in industrial metals.

Comment:

Comment:

Here is our Copper view

Trade closed: target reached:

Reached all targets