Technical:
An hour precision chart indicates possible head and shoulder formation, negative RSI. Day precision chart indicates RSI almost at its 80s and if a divergence is to be build somewhere there is a high chance it is here.
Fundamental:
Low stockpile of copper in China has inspired a rally but at this level of stockpile ALWAYS in the past we have seen a move that rebuilds it fast within a month.
Take profit 2.5
It would be great to see gold retest 1850 from bottom and then all commodities could initiate a simultaneous correction. In the long term commodities (obviously not all of them) can only rise.
An hour precision chart indicates possible head and shoulder formation, negative RSI. Day precision chart indicates RSI almost at its 80s and if a divergence is to be build somewhere there is a high chance it is here.
Fundamental:
Low stockpile of copper in China has inspired a rally but at this level of stockpile ALWAYS in the past we have seen a move that rebuilds it fast within a month.
Take profit 2.5
It would be great to see gold retest 1850 from bottom and then all commodities could initiate a simultaneous correction. In the long term commodities (obviously not all of them) can only rise.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。