Palladium recently broke the resistance level 1560.00 (which reversed the price at the start of September with the daily Evening Star – and also at the end of July).
The breakout of this resistance level continues the active short-term impulse wave (iii) – which belongs to the short-term upward impulse sequence 3 from the beginning of August.
Palladium is expected to rise further and retest the next resistance level 1600.0 (monthly high from July and the target price for the completion of the active impulse wave (iii)).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies