We have a descending trendline that MTL is attempting to break
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The trend of Metal is completely bearish, and it is moving straight downwards. We have a descending trendline that MTL is attempting to break, with buyers applying pressure. The scenario involves breaking this trendline, if it breaks and retests, we could see an upward movement.
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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.