1 mins read
Palladium: ⬆️ Buy
- Palladium broke resistance level 1100.00
- Likely to rise to resistance level 1200.00
Palladium recently broke the resistance zone between the resistance level 1100.00, resistance trendline of the daily up channel from April and the 61.8% Fibonacci correction of the downtrend from October.
The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (C) from April.
Palladium can be expected to rise to the next resistance level 1200.00, target price for the completion of the active impulse wave 3.
Source: https://fxpro.news
