Technical analysis by Peet_Serfontein about Symbol XPD: Sell recommendation (8/18/2023)

Palladium $: another leg down? A price action below 1220 supports a bearish trend direction. Further bearish confirmation for a break below 1200. The target price is set at 1110. The stop-loss price is set at 1310. The start of downside price momentum (see the lower panel) remains a concern for further downside.