Palladium's Breaking Point

at long last, the pattern is complete

Over the course of Slope’s history, there have been 117 articles (so far!) that included the topic of palladium. In January of this year, I did this simple post which expressed my fondness for the metal. The /PA futures are up about 36% in the nine months since that post.

I have been hesitating going “all in“ with palladium for weeks now, trying to talk myself out of making my position any larger due to my fear that gold and silver would retrace. Well, I finally snapped this morning. I think I’m over-thinking this, and frankly this is one of the cleanest, most classic rounded bottoms I’ve seen in my decades of charting. I’m tired of the negative voices in my head that have been holding me back, so I doubled my position this morning.