Commodities PRICE posibile directions.
Commodities are at an important monthly liquidity zone.
Price action from this point will determine if a new descendent trend will start or the price will continue the up trend.
At the fundamental level there are labour shortages and severe suply chain disruptions.
The rate of growth is the sharpest since May 2007 but firms have dificulties procesing new orders amid materyal delivery delays.
Price action from this point will determine if a new descendent trend will start or the price will continue the up trend.
At the fundamental level there are labour shortages and severe suply chain disruptions.
The rate of growth is the sharpest since May 2007 but firms have dificulties procesing new orders amid materyal delivery delays.