Palladium Wave Analysis 1 October, 2020
October 01, 2020 @ 17:36 +03:00
• Palladium rising inside impulse wave 3
• Likely to reach to 2410.00
Palladium continues to rise inside the short-term impulse wave 3, which started earlier from the support level 2200.00, intersecting with the lower daily Bollinger Band.
The active impulse wave 3 belongs to the medium-term upward impulse sequence (5) from the end of July.
Palladium is likely to rise further toward the next resistance level 2410.00 (top of the previous waves (b) , 1, (iii) and (1) from July).