Palladium has dropped $50 since this recording. Price below is from hour ago...
Don't forget, there are still plenty of black swans circling above. Making predictions is pretty daring in view of all the uncertainties. Or do you think that Iran stink is already over, just because Trump said he is done with it for now? Or what about North Korea? Nobody seems to remember that it even exists anymore. But in fact nothing has changed there, li'l Kim is still as unpredictable as always, and nuclear and missile program continues as before. Just as the war in Syria, the trouble in Lybia and, and, and... So, 1 year is plenty of time for shit to happen, that can turn the situation around over night.
Weekly Chart on Palladium
A point = 487 (1/04/2016) LowB point = 1133 (1/15/2018) HighC point = 815 (8/13/2018) LowD point = 1517 (3/18/2019) HighE point = 1304 (5/6/2019) LowF point = 2312 (Now) High
Well extended, a 50% pull-back would be expected, so a $1008 E-F move would take it to 1808. Which is the 12/16/2019 low.
A G-H move off 1808 would be a 100% projection to $3312 So @GeneEverett....You could be correct
Congrats @geneeverett for reaching the 60 Milestone today.........On your way to 65