Bullish the Palladium future runs out of steam at $1,478; currently at $1,477.5 per troy ounce

After closing the previous trading day at $1,441.6, Palladium is up to $1,477.5 per troy ounce, which makes for a move of 2.49%/$35.9 today.

New United States Average Hourly Earnings improved upon the previous 0.3% figure while also exceeding analyst expectations with a reading of 0.5%.

The Palladium future upside coincides with further encouraging market factors as United States Average Hourly Earnings beat analyst expectations of 0.3% and the previous reading of 0.3% with new data of 0.5%. Highly important Non Farm Payrolls data from United States beat analyst expectations of 180,000 with a reading of 253,000. Highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.4.

A look at other Metals also shows upside as Platinum is up 1.45%.

At the same time, after ending yesterday's session at $2,055.7, Gold lost $34.7 and is trading around $2,021. Silver closed at $25.84 (down 1.48%).

Palladium has fallen back around 37.89% from the significant high of $2,321.2 set 6 months ago.