David Fuller's view Palladium was my second largest position in precious metals, behind gold, and by far the best performing one recently. Consequently, I had placed an in-the-money stop which was triggered today at $674.68 to me, against my three-month earlier rollover longs at $653.40. These prices include all dealing costs.

Gold and other precious metal have continued to weaken today, further challenging my medium-term bullish hypothesis. However, they are now technically oversold.