By GCRU Gold News on Tuesday, May 20 2014, 09:27 - Permalink
In this Palladium chart the next leg up is the same size as the first leg up from $150 to $850 ie. plus $700, that happened in 2009-2011 With the breakout of the major wedge at $750 plus the equivalent of the $700 up that gives a potential target of $1450.
In the bull run of 1997-2001 the price built a base up to $350 then broke out & ran. So I've choosen that leg up to emulate the next leg up from the large base built up from 2010-2014.
Simple T/A that may provide some light of potential up moves. Outlandish or possible potential...Click on chart for large chart pop-up.