AMT evaluation (12-16)

[World Financial News] The following is a metal trading daily review issued on December 16 by Amalgamated Metal Trading Limited (AMT), a leading brokerage firm of the London Metal Exchange (LME). Copper: Affected by the fall in the euro against the US dollar, the price of copper fell from a high of $3050 to $3010. Although copper prices continued to rebound, they still face upward pressure. Aluminium: Aluminium prices closed higher on the day, while strong resistance was at $1840. Zinc: boosted by stop-loss buying, zinc prices hit a four-year high in early trading, rising more than 1200 US dollars. Resistance is at $1240 and support is at $1180. Tin: On the same day, the price of tin fluctuates in a range, and trading is not active. Nickel: Nickel prices rose higher on that day, and the market will rebound sharply above $13,500. Lead: Lead prices rose on the day, and the market will test the resistance above.