Palladium continued its relatively high performance against other precious metals this month. 2430 resistance has been limiting upside movements since March. Finally, on Friday the 6th, the price closed above this level. On Monday, with the vaccine news Silver, Gold and Platinum weaken considerably but Palladium is still holding above 2430. Is this a bull trap or the starting of a rally it is not clear yet but as long as the price stays this support (before resistance) in short term 2577 and in mid term 2884 may be good targets for up moves.
If 2430 break below, trend line at 2290 which start at March can be followed as next support level.
