LME aluminium may revisit August 20 low of $3,178 this week
Reuters technical analysis says a break below support at $3,228 could confirm a target at $3,149.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
2 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
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…