Hey, mate well to "speculate" is to "form a theory or conjecture about a subject without firm evidence" my evidence is this.
1. There is a gap in the charts has I have attached. 2. Global markets to rally with trade deal imminent - FACT 3. After a positive start in 2019, lower prices from June onwards triggered the announcement of cutbacks from major Chinese refined tin producers, which could total up to 20kt in 2019. This is likely to stabilize tin prices by the end of the year. Roskill’s near-term outlook is for tin prices to remain relatively flat. Prices are expected to average around the US$22,000/t level, which has been typical of the period since 2012. - Research and its not just me saying this.
MLX Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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