Tis the season for longs on commodities.
Обновлено
Entry: 0.5953
TP1: 0.6117
TP2: 0.6378
SL: 0.577
With Trump's back in office and his tariff policies back on the table, American-Chinese trade could very well end up decimated. On the flip side, the Aussie and Kiwi economy could find an opportunity to benefit from this as China will likely be pushed to rely more on their free trade agreement. Add that to the fact that, risk-on assets generally trend bullish during the holiday seasons.
TP1: 0.6117
TP2: 0.6378
SL: 0.577
With Trump's back in office and his tariff policies back on the table, American-Chinese trade could very well end up decimated. On the flip side, the Aussie and Kiwi economy could find an opportunity to benefit from this as China will likely be pushed to rely more on their free trade agreement. Add that to the fact that, risk-on assets generally trend bullish during the holiday seasons.
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Down, but not out....
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