Glencore Wave Analysis – 26 September 2025
Glencore: ⬆️ Buy
- Glencore broke key resistance level 325.00
- Likely to rise to resistance level 360.00
Glencore recently broke above the key resistance level 325.00 (which stopped wave (A) at the end of July, as can be seen from the daily Glencore chart below).
The breakout of the resistance level 325.00 accelerated the active short-term impulse wave 3 of the intermediate impulse wave (C) from the start of August.
Given the multi-month uptrend, Glencore can be expected to rise further to the next resistance level 360.00 (target price for the completion of the active impulse wave (C)).
Glencore: ⬆️ Buy
- Glencore broke key resistance level 325.00
- Likely to rise to resistance level 360.00
Glencore recently broke above the key resistance level 325.00 (which stopped wave (A) at the end of July, as can be seen from the daily Glencore chart below).
The breakout of the resistance level 325.00 accelerated the active short-term impulse wave 3 of the intermediate impulse wave (C) from the start of August.
Given the multi-month uptrend, Glencore can be expected to rise further to the next resistance level 360.00 (target price for the completion of the active impulse wave (C)).
By the FxPro Analyst Team
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.