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Remember Palladium? A Close Look at the Other Precious Metal

From realmoney.thestreet.com

There are plenty of articles about gold and silver. Can't miss 'em. But how about metals such as rhodium, platinum and palladium? Not so common. Let's look at the charts of palladium. Palladium has many of the same uses as platinum and is one-fifth the atomic weight. Years ago palladium used to trade at one-fifth the price of platinum but that relationship is history. In this daily Point and Figure chart of the "continuous contract" palladium futures Point and Figure chart, below, we can see a potential upside target in the $2,961 area. {chart} In this weekly Point and Figure chart of the continuous futures contract ... (full story)

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  • Category: Technical Analysis