The Hottest Metal On The Planet Breaks Support
Chris Kimble | Sep 10, 2014 12:24AM ET
When it comes to the metals complex, it's not been that great of a year for Gold or Silver. On the flip side, Palladium has had a very good year. It was up near 25% YTD a couple of weeks ago.
Of late, Palladium is breaking a support line that has been in place the past 9 months. I am of the opinion it pays to watch leadership. Keep a close eye here on Palladium price action over the next few weeks.
What Palladium does going forward could have an impact on Gold and Silver, as they both set on support lines that date back 10-years (see chart, above).
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