Palladium: further downside potential?
The price action recently tested its 200-day simple moving average and acted as some major resistance.
A price action below 2080 supports a bearish trend direction.
Further trend support below 2090.
Consolidation range from 1950 to 2040.
Crossing below 1940 might target 1860.
Crossing above 2030 might be the first sign of strength.
Lower highs and lower lows appliiable.
A price action below 2080 supports a bearish trend direction.
Further trend support below 2090.
Consolidation range from 1950 to 2040.
Crossing below 1940 might target 1860.
Crossing above 2030 might be the first sign of strength.
Lower highs and lower lows appliiable.
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