Palladium Perks Up
While we’ve already touched on gold moving to fresh all-time highs over the last two weeks, other precious metals are also catching a bid after a rough few years. 👀
Below is a chart that technical analysts have been eying this week as palladium futures attempt to reverse their downward course. The weekly line chart goes back to 2010 and shows prices bouncing back from the $800 to $900 region, which has served as a transition area for buyers/sellers over the last 14 years. 📊