bearish

Iron Ore

[IO Technicals Weekly 2024/36] Iron Ore Futures Face Bearish Pressure but Encounters Support

321 Views10 Sep 2024 22:32
Iron ore futures fell 9.4% last week, dipping below critical support levels. Despite persistent bearish sentiment, prices found strong support at 91, with potential resistance at 93.9, 95.7, and 98.9.
What is covered in the Full Insight:
  • Introduction
  • Technical Summary
  • Volatility Analysis
  • Support and Resistance Levels
  • Conclusion
SUMMARY
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