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Palladium Bucks the Trend

  1. Moureeses
    955 Posts.
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    09/10/18
    14:46
    Post #: 36052431
    Article from the Gold Forecast

    Palladium is the only precious metal to have pricing above the 50/200 Moving Average indicator . More impressive is the fact that it appears as though the recent price advance will create a Golden Cross (when the 50 day MA crosses above the 200 day). There is a unique supply issue and very strong demand that has been the underlying factor moving Palladium higher ,.Since 2017 demand has overwhelmed the current supply and continues to do that to this day.
    Good for pgms and PGM??

    moureeses
    PGM Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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