Coking Coal for Steel has Gained 95% SINCE MAY - BULLISH!
Coking coal is used in steel mfg as raw material with iron ore.
$ACF Futures have broken key resistance $204 in July with support at $200 and resistance at $233 in August. Closing >$233 in Aug. could see coking coal at $266 in Sept.
$ACF Futures have broken key resistance $204 in July with support at $200 and resistance at $233 in August. Closing >$233 in Aug. could see coking coal at $266 in Sept.