metals, page-5

  1. 9,503 Posts.
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    In my opinion the correction what we have seen now in the base metals will be only good for future support.

    Demand for base metals have not gone, what we have seen today is the guessing that demand will slow and
    profit taking from big institutions who do not want
    to see their profits being eroded once this happens.

    Fundamentals will give the market direction next week,as it has done already with prices recovering back from their lows.

    I see next week as a recovery in base metal prices and a renewed well supported mining industrie by the market.

    jojo
 
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