We don’t have any sell signals on palladium yet as /PA didn’t have any bearish follow-thru to Friday’s big drop although a break below Friday’s low would likely trigger the next tradable correction in palladium. 60-minute chart below.
PA 60m Dec 17th
Likewise, PALL (palladium ETF) remains on watch for a sell signal pending a solid break and/or daily close below the uptrend line with a minimum downside target (assuming a sell signal is triggered soon) of 170.80ish, which would constitute a drop of about 7½% from current levels. Daily chart below.
PALL daily Dec 17th