The following is a daily review of metals trading published on October 21 by Amalgamated Metal Trading Limited (AMT), a leading brokerage firm of the London Metal Exchange (LME).
Copper: Today's performance was more volatile, but it rebounded at the close.
Aluminium: Volatility is also relatively large, rising by $40 at the opening, but it has been falling since the close and closed at a low of $1,885. It is expected that this week's performance will be the same this week.
Lead: Today's performance is stable and it is expected to rebound next week.
Zinc: All the way down, getting support when it fell to $1430, and resistance at $1475.
Tin: Trading is quiet today.
Nickel: Today's test was a new low and it rebounded slightly at the close. The market performance remains weak.
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