Some interesting charts for Iron Ore
This chart is a long term chart (each bar is 1 month)
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This chart is a medium term chart (each bar is 1 month)
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This chart is a short term chart (each bar is 1 month)
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My conclusion is the bottom is in and momentum is definitely upwards on the short term chart, and threatening to break higher in the medium term if it can get out of that channel.