So Palladium has definitely faltered at this point, actually now slightly cheaper than Platinum.
Interestingly, Chalice is making upward moves against Palladium's drop, which would suggest a few possibilities -
such as re-rating, anticipation of Palladium price bottoming,
&/or simply trading against reference points -
like this expanding channel I drew up yesterday morning on daily & weekly timeframes...
Traders may well be piling in to take advantage of these upside targets around $1.40 and $1.70, as CHN is currently @ $1.38.
