Palladium: ⬇️ Sell
– Palladium broke support level 1030.00
– Likely to fall to support level 950.00
Palladium recently broke the support level 1030.00, which is located inside the daily down channel from the start of September.
The breakout of the support level 1030.00 accelerated the active impulse wave iii of the impulse wave 5 from the middle of October.
Given the strong daily downtrend, Palladium can be expected to fall further toward the next round support level 950.00 – target price for the completion of the active impulse wave iii.