It's a bit early to declare that, but I see some kind of weakness in buyers behavior. If you compare this chart with Gold, you'll see the same inability overcome the previous High(875clp in our case).
I'll wait for a confirmation, we have to come back to the blue trading range.
The channel marked with green color also could be helpful, so we can be in a phase C at this moment and the current movement could be define as an Upthrust in a downslope TR.
BCC involve in the market and sell USD until when ? How much reserve of USD have chile ? 20000 M ? what happen when BCC will no have more USD ? BCC will beginning to buy at which price ? 1000 or 2000 CLP
ilaneldan
⋅
A new test of zone 940 is coming in July And 1140 in December Prepare yourself be ready A disaster is coming in Chile the president have no experience to manage the country
dmitry089234
⋅
@ilaneldan, Hello Ilaneldan. Thanks for comment, I totally agree with you. I live in Santiago, Las Condes, I see all these "changes" every day, I mean asaltos & robos de autos, violencia, etc.. Boric won't do anything, it looks like his main task is inactivity.
until when ? How much reserve of USD have chile ? 20000 M ? what happen when BCC will no have more USD ? BCC will beginning to buy at which price ?
1000 or 2000 CLP