Palladium Can Be Bottoming

By Gregor Horvat of Wavetraders

Wednesday, December 20, 2023 11:38 AM EST

Bullion, Silver, Bars, Silver Bars, Metal, Old, Gray

Image Source: Pixabay

Palladium is finally bouncing sharply back above the important channel resistance line after a completed larger (A)-(B)-(C) corrective decline.

It indicates that strong support is in place, so be aware of a bullish reversal, especially if breaks 1300 first bullish evidence level. Bullish confirmation is above 1750 region.

(Click on image to enlarge)

PALLADIUMd

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