Buyers pushed palladium back up from June lows to trade near $1,300. There was a big gap in the day's trading, with demand returning near the session bottom. The metal bounced back from the afternoon slide, though, to close higher than it did last night. Technicals turned up, but significant resistance continues to cap upside.…
Palladium prices have come under renewed pressure and have been dragged down to new cycle lows, with several analysts now closely monitoring to see whether the precious metal will find its footing. Hedgeye, in a chart posted, noted the precious metal had shed 8.3% in the past month and remained “uninspiring in PALL terms.” Meanwhile,…