According to major update patch paladin’s resist elements revamp.
Why our server does still haven’t implemented the stats already?
Resist Elements
- This skill will now reduce property attack resistance by 2.5% per skill level.
It is implemented.
EDIT:
Damage goes from ~1600 to ~900. That equals roughly a 40% damage reduction (from lvl 16 resist elements).
It reduces property attack damage, not resistance.