As I wrote last week and the week before last, as metals cratered, the trade opportunity was still to the long side for a retrace to respective support/resistance levels in the metals.
Traders can decide if they are content with profit on the long side as we approach said resistance, which un-coincidentally transects with the now downward-sloping 50-day moving average. Stackers who bought the dip gave themselves a cushion, whereas more prudent, bullish participants can continue to wait to see if the $1885/1900 is reclaimed with conviction.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: