Iron Ore DCE Sep24 Daily Technical Review 26/04/24

Verdict- Neutral. DCE Sep24 consolidated with loss on both OI and volume. Hourly slow stochastic KD created gold cross above oversold area. Hourly MACD narrowed in bearish territory. Hourly candles indicated a potential roof area if rejected by last high at 906.5 in few more trading days. Market entered holiday mode, be aware of mid-run …

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