It's good to see long term holders still here.
Those big Palladium shorts will have to cover on light volume at some point and then we'll see a squeeze of massive proportions.
Interestingly the price of Palladium does not reflect the physical as ABC bullion amongst all PM dealers is asking for a 20% premium above spot for an ounce bar at $1,750.
The long spiral is coming to an end, the good announcements are not moving the price much , the weeding out of weak holders will be coming to a close too.
After the SS the threads were flooded with dozens of shorters which made for a toxic environment.
Let's see if today is the turning point for a sentiment change.
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