The technical side aligns well, Volume is going up.
CCI divergence is strong.
Huge potential upwards, especially long term 10 years. Since the price is very low. I mean, the production costs of palladium are around this level
Palladium ETF better than CFD instrument if you want to capture the full potential.
Said that. This week is full of data, with CPI on Tuesday 12th (tomorrow), so manage your risk accordingly
CCI divergence is strong.
Huge potential upwards, especially long term 10 years. Since the price is very low. I mean, the production costs of palladium are around this level
Palladium ETF better than CFD instrument if you want to capture the full potential.
Said that. This week is full of data, with CPI on Tuesday 12th (tomorrow), so manage your risk accordingly
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Oops, the image doesn't visualize it well. More context:
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Look at volume in NY session for final confirmation. Now still is low but growing
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I hope is a cup and a candle here forming. We are playing against a massive monthly, weekly daily trend.
Counter-trading requires patience but we have had good volume in the green side today.
Counter-trading requires patience but we have had good volume in the green side today.