China have responded with a 34% on all Imported Goods from the US now
We have a trade war.
Price is down to the $120 in the PM now which is just around the blue support line.
A strong reaction so far, so let's be open to the price dropping into the Buy Zone and a downside risk of retesting the 200 WMA which is just below the 0.618 Fib at $104.
We have not added since below $87, so another opportunity to add in the Buy Zone will be something I will take advantage of.
Chris H
2025-04-04 11:06:03 +0000 UTC