Veteran trader Peter Brandt believes one precious metal is heading much higher in value. The legendary trader tells his 835,400 followers on X that palladium is likely to print more rallies, but warns it may first retrace more than 17% from its current value. “Palladium goes much higher, either from here or after a dip…
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Large-scale CTA buying activity may have supported Platinum markets last session, but signs of buying exhaustion could now morph into selling activity, TDS Senior Commodity Strategist Daniel Ghali notes. Palladium may still jump higher “Prices will now have to rally towards $995/oz to keep CTAs from shedding some of their recently added length, and a big downtape…