Palladium | Rising Wedge Formation with Bearish Divergence Alert
Palladium is showing signs of exhaustion as it forms a rising wedge pattern accompanied by a bearish divergence. This classic setup indicates a potential reversal or breakdown, with momentum waning despite higher price action. Watch closely for a breakout from the wedge.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.