Lead Futures: Initiate Fresh Short

Lead Futures: Initiate Fresh Short

From the current level of £ 183.50, the nearest support was followed at £ 182 by £ 180.50, where main fautures are expected to meet upward trendline support | Photocredit: Istock.com

Main Futures, currently traded at £ 183.50 (per kg), marked a high point of six months of £ 184.50 on 15 September. Since then, the price has largely changed in a range.

The graph shows that main futures have a strong barrier at £ 184. Although the trend has been bullish since April, there is a good chance for the contract to see a decrease, at least temporarily.

From the current level of £ 183.50, the nearest support was followed at £ 182 by £ 180.50, where main fautures are expected to meet rising trendline support. A violation of this can change the prospects Beerarish, which may result in a decrease to £ 176.

On the other hand, if leadfutures expands the upward trend and decides from £ 184, it can cause a new revival of £ 187 and then possibly up to £ 190.

In general, the wider upward trend is valid. However, we expect a temporary fall up to £ 180.50-181 price region.

Trade strategy

Short Leadfutures (Sep) now at £ 183.50 and place a stop-loss at £ 184.60. When the contract slides to £ 182, follow the stop loss to £ 183. Book profit at £ 181.

Published on September 25, 2025

#Lead #Futures #Initiate #Fresh #Short

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *