Alternate View to the Previous Chart --> Palladium - Weekly Chart - Correction wave C is expected to drag the price up to the $1370.00 range. TVC:PALLADIUM CURRENCYCOM:PALLADIUM CAPITALCOM:PALLADIUM OANDA:XPDUSD NYMEX:PA1! FX_IDC:XPDUSD PEPPERSTONE:XPDUSD EASYMARKETS:XPDUSD FX_IDC:XPDUSDG given chart invalid if price exceeds 2698.61 in the short...
Here the consolidation is condemned to break for the common good, as a diversionary sacrifice. Covid cases will act as the catalyst undoubtedly. The question is only and above all when? For those tracking the breakout momentum is much more on the buyers side, clearly defined jurisdictions are on both sides of the map... As a quick cheatsheet: Strong Support...
XPDUSD's daily close yesterday has confirmed my trade analysis with the ascending channel of the metal commodity. With temporary supports just ahead, will this metal commodity continue its decline to the bottom of the ascending channel?
I am expecting a short term break down. Further details are explained well on the chart.