Palladium...
After their steep price surge in 2019 and beginning 2020 it is recently stabilizing itself.
I personally believe that this stabilisation isn't sustainable.
So waiting for an breakout is recommended.
I am a bit more bullish than bearish, but i want to wait for the breakout.
Technical:
"Explained above"
-rsi between 50 and 40 over a decent period
Fundamental:
Explained in one phrase: demand will recover fastly.
Best Regards
Christian Georgi
After their steep price surge in 2019 and beginning 2020 it is recently stabilizing itself.
I personally believe that this stabilisation isn't sustainable.
So waiting for an breakout is recommended.
I am a bit more bullish than bearish, but i want to wait for the breakout.
Technical:
"Explained above"
-rsi between 50 and 40 over a decent period
Fundamental:
Explained in one phrase: demand will recover fastly.
Best Regards
Christian Georgi
Trade active:
UPDATE: Lack of trading volume makes it hard to determine a breakout direction. But i opened a small long position around 1920.
Comment:
closed my position at 2279. Didn't want to get even more greedy. :D
Trade closed: target reached