Bullish the Palladium future runs out of steam at $1,451; currently at $1,421 per troy ounce

Yesterday at a glance: after ending Thursday at $1,415.6, Palladium went up to $1,451 only to drop back, yet still traded well overall and closed at $1,421 per troy ounce yesterday.

On the flip side, following a previous reading of 0.3%, Core Durable Goods Orders in United States released yesterday at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

A look at other Metals also shows upside as Copper is trading around $3.67 after ending yesterday's session at $3.59 (up 2.33% today). Notably, Silver rose 2.34% yesterday and closed at $22.91.

CME Palladium reached a significant high of $2,321.2 around 7 months ago but has lost 39% since then.