Palladium Futures (PA1!) D1 | Bearish Continuation?
Type:
Bearish Reversal
Key Levels:
Resistance: 1,090.5
Pivot: 5,651
Support: 913.5
Preferred Case:
Looking at the D1 chart, the price could make a bearish continuation toward the 1st support at 913.5.
Alternative Scenario:
Price may break above the Pivot at 5,651 and rise toward the 1st Resistance at 1,090.5
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.