#PALLADIUM 

Palladium bulls delivered a strong reversal today, regaining control after bears briefly pushed the price below the ascending triangle. 

Buyers stepped in aggressively, driving the price higher and forming a bullish engulfing candle that erased yesterday’s bearish losses. 

The session closed near the highs, right at the resistance of the ascending triangle. This level has been a key area of consolidation following the breakout from a prior falling wedge. 

Today’s action demonstrates bullish strength, as buyers rejected the bears’ attempt to break down and pushed the price back to a critical resistance zone. 

The consolidation within the ascending triangle indicates mounting pressure, with a potential breakout on the horizon if bulls can clear this resistance level.

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