Palladium Wave Analysis – 1 September  2026

Palladium: ⬇️ Sell

– Palladium reversed from resistance area

– Likely to fall to support level 1270.00

Palladium recently reversed from the resistance area set between the resistance level 1410.00 (which has been reversing the price from May), 50% Fibonacci correction of the downward impulse from April and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the previous short-term impulse wave 3 of the intermediate impulse wave (3) from July.

Given the clear daily downtrend, Palladium can be expected to fall further to the next support level 1270.00 – low of the previous minor correction 2.