bearish

Iron Ore

[IO Technicals Weekly 2024/41] Iron Ore Prices Drop Amid Disappointing Stimulus Signals

334 Views14 Oct 2024 11:51
Iron ore prices are caught between rising inventories and weakening market optimism following a lack of clear stimulus signals from China. Technical indicators reveal support at long-term MA.
What is covered in the Full Insight:
  • Introduction
  • Price Movements and Technical Analysis
  • NDRC Press Conference and Economic Indicators
  • Volatility and Market Sentiment
  • Conclusion and Trade Setup
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