Tuesday, 02 January 2024 12:17 GMT

Palladium Wave Analysis 26 June 2025


(MENAFN- FxPro)

Palladium: ⬆️ Buy

  • Palladium broke resistance level 1100.00
  • Likely to rise to resistance level 1200.00

Palladium recently broke the resistance zone between the resistance level 1100.00, resistance trendline of the daily up channel from April and the 61.8% Fibonacci correction of the downtrend from October.

The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (C) from April.

Palladium can be expected to rise to the next resistance level 1200.00, target price for the completion of the active impulse wave 3.

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