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Palladium $: another leg down?

Short
CFDs on Palladium (OANDA:XPDUSD)  
Peet_Serfontein  
OANDA:XPDUSD   CFDs on Palladium
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
A price action below 1220 supports a bearish trend direction.
Further bearish confirmation for a break below 1200.
The target price is set at 1110.
The stop-loss price is set at 1310.
The start of downside price momentum (see the lower panel) remains a concern for further downside.
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