Fresnillo Price: FRES Surges at Peak; Profit Taking Tends to Resume Near 3,000 Barriers

PUBLISHED: Dec 15 2025 @ 01:27 | Comments (0) | More info about Azeez Mustapha

Fresnillo plc (LSE:FRES) is trading close to its recent peak, but momentum indicators are starting to cool, signaling that the rally may be slowing down. Price action remains capped below the 3,000 barrier, where profit-taking tendencies could intensify, encouraging short-term consolidation or mild corrective pullbacks.

From a broader investment perspective, the technical setup shows FRES Plc trading within a defined range, capped by layered resistances around 2,950–3,000 and supported by interim floors near 2,780 and 2,720. Sustained price action above these lower bands helps maintain the medium-term bullish structure, while repeated rejections near the upper zone could trigger rotational flows or more defensive positioning. Market participants typically track these levels to assess momentum strength, trend resilience, and whether the price action favors sustained continuation or a corrective consolidation phase.

Resistance Levels: 3,100, 3,200, 3,300
Support Levels: 2,500, 2,250, 2,000

Does the FRES Price Surge Signal Strength as EMAs Position Underneath the Candlesticks Near 3,000?

The surge in FRES suggests buyers still have control, especially with the EMAs positioned underneath the candlesticks, reinforcing short-term bullish structure. However, the proximity to the 3,000 resistance zone may limit upward momentum, making this area a key level to watch for potential slowing or pullbacks.

Currently, the Stochastic Oscillators are in the overbought region, signaling a cautionary note against expecting a smooth upward momentum, as traders may encounter intermittent pullbacks or sideways consolidation before any sustained bullish move materializes. Meanwhile, the 15-day EMA remains below the 50-day EMA, indicating that the short-term trend is still weaker than the medium-term trend, suggesting that any upside attempts could face resistance and require stronger buying pressure to reverse.

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