LME aluminium may retest support at $1,710.

LME aluminium may retest a support at $1,710 per tonne this week, a break below which could cause a fall to $1,653. The support is identified as the 50 percent projection level of a downward wave C from $1,951.

This wave has a minimum target at $1,653. The sharp fall on Oct. 11 high of $1,754 has almost reversed the bounce triggered by the...

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