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From : Commodities Daily Hotline: 22 July 2014
Chart of the day: Auminium

The Aluminium HG LME 3 month contract breaks medium term resistance to develop its medium term base formation. It broke resistance at 2,000 from its March 2013 highs to new short term highs but has now become overbought; we watch to buy a consoldation back into 2,000.






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