The value of Palladium has been declining for several months and I see now another good opportunity to short as price seems on the verge of breaking through the support at 1947 area. I am interested in taking a short, with stop above 1983 to target just above 1780. The R/R justifies this "with trend" trade.
The memorial day holiday in the US will mean rather thin markets on 25/05, so please be watchful.
If you like my analysis please give it a "thumbs up" and follow me to get immediate notification about my posts.
As always, please use sound money and risk management in all your trades.
The memorial day holiday in the US will mean rather thin markets on 25/05, so please be watchful.
If you like my analysis please give it a "thumbs up" and follow me to get immediate notification about my posts.
As always, please use sound money and risk management in all your trades.