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Palladium: ⬆️ Buy
– Palladium reversed from the support zone
– Likely to rise to resistance level 1200.00
Palladium recently reversed up from the support zone between the key support level 1075.00 (low of the previous wave A), 50% Fibonacci correction of the sharp upward impulse from April and the lower daily Bollinger Band.
The upward reversal from the support level 1075.00 started the active short-term wave B.
Palladium can be expected to rise to the next resistance level 1200.00, which reversed the price at the start of August.
Source: https://fxpro.news
