Preferred direction: SELL
Comment: The situation with metals is quite ambiguous, but nevertheless, considering this instrument from a medium-term point of view, most likely the instrument does not intend to grow yet. According to our two short scenarios, we expect a false upward move before the fall. Of course, this is the first more positive scenario for sellers. Here you can only guess and react at the moment. These supposed upward movements can be formulated during the Fed meeting and press conference. The main goal of these sales is the level of 2000 exactly. It should be noted that the downside potential most likely does not end there.
Thank you for like and share your views!
Comment: The situation with metals is quite ambiguous, but nevertheless, considering this instrument from a medium-term point of view, most likely the instrument does not intend to grow yet. According to our two short scenarios, we expect a false upward move before the fall. Of course, this is the first more positive scenario for sellers. Here you can only guess and react at the moment. These supposed upward movements can be formulated during the Fed meeting and press conference. The main goal of these sales is the level of 2000 exactly. It should be noted that the downside potential most likely does not end there.
Thank you for like and share your views!
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