THE PALLADIUM PLUNGE: Momentum Trading Gone Wild

7:20 AM

First published by Money Metals here: https://www.moneymetals.com/news/2019/04/03/palladium-price-drop-001748

After taking ten weeks for palladium to rise from $1,300 to $1,550, it only took three days to fall $205. Actually, the majority of the decline occurred over the past two days. Now, some may say that the huge crash in the palladium price smells of market manipulation. However, I don’t buy that. Rather, I believe it’s nothing more than “Momentum Trading Gone Wild.”

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