Home / Metal News / Lead / [brief comment on lead in SMM] Shanghai lead once again runs at night or under pressure at 60-day moving average.
[brief comment on lead in SMM] Shanghai lead once again runs at night or under pressure at 60-day moving average.
Jul 11,2019 17:03CST
translation
Source:SMM
Shanghai lead reported to the Xiaoyang line, recovered again, and each EMA is in short order, and the trend is flat, it is expected that the Shanghai lead continued upward pressure at night, or under pressure in the 60-day EMA operation.
The content below was translated by Tencent automatically for reference.

SMM, July 11 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1908 contract opened at 16095 yuan / ton, and Shanghai lead basically fluctuated around the daily average throughout the day, bearing pressure on the 60-day moving average above and supporting the bottom with the 10-day moving average below, finally closing at a new low of 16105 yuan per ton in the past two years, up 220 yuan per ton, or 1.38 percent, and reducing its position by 3042 hands to 45426 hands. Shanghai lead reported to the Xiaoyang line, recovered again, and each EMA is in short order, and the trend is flat, it is expected that the Shanghai lead continued upward pressure at night, or under pressure in the 60-day EMA operation.

(Guo Rong of Shanghai Color Network Tel: 021 51666879)

 

Lead; lead brief review
evening news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news