GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
GREATLAND GOLD PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, OILEX LD ORD NPV, VAST RESOURCES PLC ORD 0.1P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Copper is breaking out of it's bull flag which should break previous resistanceLSE:BLThttps://www.tradingview.com/x/nVb6a7mX/
The 2x1 line looks too far away to test so we may find support earlier.
Moves in copper and iron ore also support this, recent price action and volume looks good also.
Good news from China and strong metals prices of late are backing this up!
I sold short at 997.7 and closed my position at 986.7
I bought LONG at 985.2 and closed my position at 995.4
Daily chart pattern – Two year long falling trend line has been breached
RSI eyeing bullish break
Money flow index suggesting further gains
Prices thus appear on track to test next major hurdle seen directly at 1156.27 levels (38.2% Fibo of 2014 high – 2016 low).
Bullish invalidation is see only if prices see a day end close ...
Seeing that BHP is at a strong resistance level, I expect a small retracement before price reaches for highs between 1100 -1200.