Another bullish looking chart in the metals space. This time it's the Blackrock World Mining Trust chart, which has shown strength in recent weeks and is breaking resistance levels.
- Cup and Handle formation, breaking out of the handle
- Golden cross, the 50 day has just crossed the 200 day moving average
- Golden remains close to all time highs, copper looks strong and iron ore demand likely to rise in the near future if the Chinese stimulus package is announced.
- End of the ABC correction, buyers are now stepping in and the path of least resistance is to the upside.
Not financial advice, do what's best for you.
- Cup and Handle formation, breaking out of the handle
- Golden cross, the 50 day has just crossed the 200 day moving average
- Golden remains close to all time highs, copper looks strong and iron ore demand likely to rise in the near future if the Chinese stimulus package is announced.
- End of the ABC correction, buyers are now stepping in and the path of least resistance is to the upside.
Not financial advice, do what's best for you.
Trade fechado: objetivo atingido
TP1 hit. Nota
Fully closed out, exit 3 days before the drop. Metals are in free fall, do you see why we exited? 
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.