• Palladium reversed from support area • Further gains are likely
Palladium recently reversed up from the support zone located between the support level 1030.00, support trendline of the narrow daily up channel from August and the 38.2% Fibonacci correction of the upward impulse from September.
The upward reversal from this support started the active short-term impulse wave 3– which is a part of the medium-term impulse wave (3) from September.
Palladium is expected to rise further and re-test the next resistance level 1080.00 (top of the previous impulse wave 1 from last month).
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies
