Commodity Trade Idea: XPDUSD - Potential Breakout Setup | Jan 23

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Commodity Trade Idea: XPDUSD (Palladium) – Potential Breakout Setup After Parabolic Price Action (1hr chart)

Price Action Context

As we recently covered in our weekly market commentary, palladium was forming a parabolic price action move and likely pulling back.

As you can see from the chart below, the precious metal dropped over $160 (over 6%) by early next week offering a …

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