Palladium Entry PlanPalladiumOANDA:XPDUSDkventinkaI like how metals are aligning now on daily and weekly charts. It feels like we’ve hit levels of decline—I dare say, this looks like a decent moment to take this reversal. On silver, I opened a position yesterday. It didn’t close because my broker shuts down trading overnight. So, that overnight drop (or Asian session drop, depending on time zone) didn’t hit me. Honestly, I’m somewhat glad it didn’t. Of course, there’s a flip side—sometimes it opens with gaps, and losses can be bigger, which isn’t great, but we work with what we’ve got. In any case, I kept my silver stop under today’s low, which is acceptable. Now, on palladium, I’m also eyeing a long position. Since I’ve got a fair bit of risk in the silver trade, I’ll place the stop under today’s low—so around 1394. My first target is 1470, then 1600. Overall, I believe nothing external has changed. We are still in the paradigm of a rising commodity cycle. After the solid correction in recent weeks, I think it’s a great time to go long—especially since the stop is very short. Let’s see if it holds. I’d like it to. But even if I get stopped out, I won’t stress—I’ll re-enter intraday if I see all the candles and patterns signaling further price growth. So far, everything favors continued growth.