FEF1! Read Goldmans restocking story, hmmm tipping they are net sellers and trying to offload over the next few weeks, in the event prices go higher it may well be because they are holding off big sell orders (low volume uptick) waiting for better prices before the rug pull. Im not a buyer and smell a rat if your holding and there is an uptick I would be selling into it. Cheers all and happy trading :)
FEF1! China is not buying, copper is in free fall, little to no demand despite the narrative? buy the rumor nonsense, if your holding I would get out if the price falls below $101 sorry :( Just me though Happy trading
FEF1! Be super careful here guys, trump tariffs are a wild card that could impact prices dramatically in the near term /med term. Uncertainty is the concern :) Happy trading guys
FEF1! I'm not a buyer, despite what the narritive is, China optimism, you can have it, not saying prices wont go up in the short term, but looking at real data on the ground its all a ploy, be careful, best of luck traders. :) G
AUDUSDTIO1! With the lack of demand from the Worlds Largest Consumer of Steel (China), Australia, being the #1 Exporter of Iron, #2 of Coal (main ingredients of Steel) I believe with the fall of Iron Ore prices, we will see the strength of AUD go with it.
FEF1! Algo / bot sits at $100.20 if price breeches this it will flip most likely to a net selller keep this in mind :) cheers
