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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Gold, copper, iron and aluminum no more bargain

Gold, copper, iron and aluminum no more bargain

3 posters

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Bargain


Equity Analytic
Equity Analytic

Copper price leaps 26-month high
Aluminum 7-month high
Iron ore 6-year high
Scrap 17-month high
Gold multi-year high

Where to find new bargain?

gayan1987


Senior Equity Analytic
Senior Equity Analytic

How is this impact to ALUM? Guess will hit 15 ASAP.

Rare


Manager - Equity Analytics
Manager - Equity Analytics

https://nz.finance.yahoo.com/news/gold-high-prices-big-decline-192800629.html

The indicators pointing to medium-term tops are mostly already “too high” indicating an extremely overbought situation. This tells us that a big decline is coming. Since they are too high, however, they don’t necessarily tell us at what price level gold is likely to turn around.

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