Iron Ore DCE January24 Daily Technical Review 30/11/23

Verdict- Neutral. DCE Jan24 contract rebounded during the trading day. From hourly chart, slow stochastic created two higher gold crosses. CCI reached bullish territory. MACD created gold cross and widened in bullish territory. The support on 941.0 was significant, since iron ore saw reversal twice during the past three trading days. A breakthrough on the …