AMT evaluation (1-25)

August 22 09:05:37, 2022

The following is a daily review of LME's base metals published by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: It is expected that the selling pressure in the short-term market will gradually increase. Aluminum: The short-term market is expected to oscillate. Lead: Trading is light throughout the day, gaining profits on rallies. Zinc: Expected downward support at 1260-1265 USD, which will oscillate around this range in the near term. Tin: The low-ranking traders took a strong step and it is expected that the short-term supply in the market will remain tight. Nickel: Despite some support at $14,000, it is still in a weak pattern.

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