OTCPK:PALDF - Post by User
Post by
mousermanon Sep 23, 2019 9:30pm
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Post# 30157118
Palladium continues higher in Asia...
Palladium continues higher in Asia...Not slowing down much at all , the spot price of palladium as of a few minutes ago, was quoted at 1667$ US on infomine. Not out of the realm of possibility that palladium could see over 2000$ an oz with a South Africa strike .
PDL should continue much higher here... amazingly the short position rose almost 50% in the 2 week span to Sept 15... altho it is not real big.
I would imagine those traders are already scrambling to cover those losing positions....
when they are done we could see a bit of a pullback. But nothing saying it will last.
Ones who got stopped out in that last pullback to 16 $ are wondering why they didnt just go long...