Today palladium is down another 2% and that means the price has fallen just over 30% in a 19 day period. On the technical front, the price has made a new lower high lower low after the previous wave low at $2276/oz broke to the downside. The main area of support that some analysts were interested in was the orange support zone and it provided no rest bite for the capitulation. Moving forward the next technical support area is at the $1800/oz area. This would mean the $2000 psychological zone would need to be taken out first and at the moment the price is only $43 away. The World Platinum Investment Council said that ... (full story)