PALLADIUM - XPD is there a decisive decision to be made ?
Hi investors we are going to take a look at the current situation with Palladium / XPD. The last steam run which Palladium happened from 18th of November gave quite a solid showcase that we could be running on a very good bullish run, but afterwards on the 26th of November we had a big retracement to the strong support level, so right now I am looking into a strategic entry in two specific scenarios.
Scenario one - Entry from the level of 975 and have a stable target at the level of 1038
Scenario two - Entry from the level of 920 and have a stable target again at 1038
Both scenarios have a stable potential but as usual it is based on your personal Risk Tolerance / Risk Management strategy. But currently the Fundamentals carrying Palladium are there and so we would definitely look at a stable opportunity focused on bullish runs.
Scenario one - Entry from the level of 975 and have a stable target at the level of 1038
Scenario two - Entry from the level of 920 and have a stable target again at 1038
Both scenarios have a stable potential but as usual it is based on your personal Risk Tolerance / Risk Management strategy. But currently the Fundamentals carrying Palladium are there and so we would definitely look at a stable opportunity focused on bullish runs.
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