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Bulls need to overcome 2,350: Palladium price analysis
Palladium has staged a major recovery after the popular metal received a strong boost from the Federal Reserve’s unlimited bond-buying programme. Palladium price analysis shows that the metal needs to overcome the 2,350 resistance level to keep the recent bullish momentum intact. Palladium medium-term price trend Palladium recently staged a strong recovery from just below the 1,500 level, after the FED’s QE programme boosted palladium prices. Palladium price analysis shows that bearish MACD price divergence on the daily time frame has been completely reversed after the latest decline. image The daily time frame ... (full story)