Market Analysis - Palladium price movements exhibit patterns similar to Ethereum and Chinese markets, suggesting potential future trends [2][3][6] - Palladium has established a strong base, indicating a likely upward trajectory in the coming months [7] - The analysis suggests a potential consolidation period before a significant price increase [7] Technical Indicators - Palladium price action shows a "run of the highs" pattern, followed by a pullback to the bull market support band [4] - The price bottomed at the 20-week moving average, a key level to watch [5] - The analysis emphasizes the importance of monitoring the 21-week EMA for potential support and resistance levels [3] Investment Strategy - The content creator suggests that palladium is likely to bounce and head higher in the coming months [9] - Investors should be aware that precious metals move slower than crypto, requiring patience [8] - The analysis highlights the potential for a false breakout before a more sustained upward movement [4]
Palladium: Dubious Speculation
Benjamin Cowenยท2025-08-31 04:21