• Palladium broke round support level 900.00 • Likely to fall further Palladium continues to fall sharply after the earlier breakout of the key round support level 900.00 (which stopped the previous medium-term impulse wave (C) in April, as can be seen from the daily Palladium chart below). The breakout of the support level 900.00 accelerated the active medium-term ABC wave (2) from the middle of April. Palladium is likely to fall further and re-test the next support level 840.00 (former support from July of last year).
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