Glencore Wave Analysis – 26 September 2025
Glencore: ⬆️ Buy
- Glencore broke key resistance level 325.00
- Likely to rise to resistance level 360.00
Glencore recently broke above the key resistance level 325.00 (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 325.00 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 360.00 (target price for the completion of the active impulse wave (C)).
Glencore: ⬆️ Buy
- Glencore broke key resistance level 325.00
- Likely to rise to resistance level 360.00
Glencore recently broke above the key resistance level 325.00 (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 325.00 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 360.00 (target price for the completion of the active impulse wave (C)).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.