Hadapan Tembaga
Singkat

Copper turning point?

56
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.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.