LME aluminium may revisit August 20 low of $3,178 this week

LME aluminium (MAL3=LX) may revisit its August 20 low of $3,178 a metric ton this week, as it is about to fall below a wedge.The pattern suggests a target of $3,149. Strategically, the target will be confirmed when the market breaks the nearest support at $3,228.A break above $3,274 could lead to a…