Palladium Price: Upwards Trend May be Looking to Correct Lower

From dailyfx.com

On June 25, Palladium rallied and printed $1,551.4 – its highest level in three months. The price slipped after with the buyers likely taking profits. On the following day, Palladium closed with a bearish Doji pattern suggesting the bullish move could be nearing its final stage. Alongside, the Relative Strength Index (RSI) rebounded from 70 then remained flat highlighting the buyer’s indecision to keep on rallying the price. Looking at the daily chart we notice Palladium closed on June 24 above $1,507.0 eyeing a test of the March 26 high at $1,581.3. Therefore, a close above this high may rally the price towards ... (full story)