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[brief comment on lead in SMM] the upward pace of lead in Shanghai may be delayed or limited at night.
Jul 25,2019 15:47CST
translation
Source:SMM
Shanghai lead report to close the lower shadow Xiaoyin line, the upward pace is delayed, but the 5-day moving average has strong support, at the same time, taking into account the strong trend of outer lead, Shanghai lead downward space may be limited at night, and does not rule out the possibility of turning red.
The content below was translated by Tencent automatically for reference.

SMM, July 25 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1909 contract opened at 16700 yuan / ton, and Shanghai lead basically fluctuated around 16700 yuan / ton throughout the day, with an amplitude of about 100 yuan / ton, and finally closed at 16695 yuan / ton, up 175 yuan / ton, an increase of 1.06%. The position was reduced by 2146 hands to 65446 hands. Shanghai lead report to close the lower shadow Xiaoyin line, the upward pace is delayed, but the 5-day moving average has strong support, at the same time, taking into account the strong trend of outer lead, Shanghai lead downward space may be limited at night, and does not rule out the possibility of turning red.

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

 

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