Palladium started strong selloff while Platinum holds strong.
PA:PL ratio was at historical highs.
Platinum is holding strong and did make new highs when Palladium made lower high.
COT is confirming reducing commertials positioning in Palladium
Little bit late so I'll just monitor this trade, winrate is quite awesome.
total Ag hedgers positions are net long at historical levels - that caused 1-2month rally. I'll target for time/or % profit for the next 1-2months
I'm currently testing how balance areas work out and the 2way auction process.
We've just moved out of balance and are getting higher again.
If we test the last balance area and bounce up - the next resistance is around 2804-2816 (previous big balance area)
If we fail and go lower - we will test the lower end of the last balance area at ~2680
We can of course...