Iron Ore DCE September23 Daily Technical Review 04/04/22

Verdict- Neutral to Bearish in Short-run.

DCE May23 contract rolled to Sep23, which became the new active contract. Slow stochastic KD potentially create gold cross in oversold area. Hourly CCI headed up from bearish territory to neutral area. Technical signals were indicating an exhaustion.

First support 791.0. First resistance 810.0.