Iron ore futures is reversing upon a weekly stretched ABCD completion which is confirmed by price action hitting SSR resistance and breaking down below key MA support.
Iron ore prices has been supported largely by supply issues but demand is being tested this trade war. Not sure those highly indebted property developers in China, especially those which have been gouging on USD debt, will be building much in the next year or so.
Iron ore prices has been supported largely by supply issues but demand is being tested this trade war. Not sure those highly indebted property developers in China, especially those which have been gouging on USD debt, will be building much in the next year or so.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.