LME composite trading closing support resistance 14th RSI 10th MA 30th MA three-month copper 3564 * 3500 * 3600 * 47 * 3565 * 3490 three-month aluminum 1896 * 1835 * 1910 * 49 * 1897 * 1862 London 8 News on the 19th: Dealers and analysts said that although the London Metal Exchange (LME) copper and aluminum futures ended higher on Thursday, they were expected to be weak on Friday and could easily be dropped. A dealer in Hamburg said: “The new round of fund sales that many people waited for yesterday did not appear. Copper aluminum futures rebounded.†“But I think if the market stays weak today, it will be prone to a wave of sell-offs. The copper futures will be tested for $3,500 respectively. $1,850." "I think there will be profit-taking sales today." At 0715 GMT, three months ago copper was at $3,510/15 per tonne, and it closed at 3,564 on Thursday. Metal analyst Macmillan at Bache Financial Said: "The 10-day moving average turns down, which may be an ominous sign unless the market regains upward momentum." Burge, a commodities analyst at NAB, said that the US economic growth data is stronger than expected, and is seen as There is support for copper prices. He added that it comes from real estate Industry demand is a key factor. Three-month aluminum fell to $ 1,875 / 80, on Thursday to close at 1,896. Macmillan Aluminum cautious stance on the technical side.
Copper Capillary Tube,Capillary Tubing,Air Conditioner Copper Capillary,Air Conditioning Capillary Tubing
Suzhou Green New Material Technology Co., Ltd. , https://www.glooptube.com