Palladium: Early Stage of a Major Bull MoveI believe we’re only at the beginning of a major move in palladium.
On the weekly chart, the trend looks bullish, with the first resistance around the $1200 level.
Potentially, we could see a move up to $2000 per ounce.
I still believe that being long in the commodities market makes sense — especially in undervalued assets like silver and palladium.
Long palladium from current levels.
Wide stop-loss at 2.50%, placed at $1015.
