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Glencore: ⬆️ Buy
– Glencore broke key resistance level 3.2525
– Likely to rise to resistance level 3.600
Glencore recently broke above the key resistance level 3.2525 (which stopped wave (A) at the end of July, as can be seen from the daily Glencore chart below).
The breakout of the resistance level 3.2525 accelerated the active short-term impulse wave 3 of the intermediate impulse wave (C) from the start of August.
Given the multi-month uptrend, Glencore can be expected to rise further to the next resistance level 3.600 (target price for the completion of the active impulse wave (C)).
Source: https://fxpro.news
