[brief comment on lead in SMM stage] 16350 yuan / ton platform has strong support or continuous strength in Shanghai at night.

Published: Jul 24, 2019 15:52
Shanghai lead close Dayang line, up along the 5-day EMA, and 16350 yuan / ton platform has strong support, considering the strong drive of the outer plate of lead, Shanghai lead may continue to strengthen at night.

SMM, July 24 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1909 contract opened at 16495 yuan / ton. At the beginning of the day, Shanghai lead basically fluctuated around 16500 yuan / ton. In the afternoon, bulls gradually entered the market. Shanghai lead once climbed to 16670 yuan / ton, finally closing at 16640 yuan / ton, up 185 yuan / ton, an increase of 1.12%, and the position increased 4662 hands to 67592 hands. Shanghai lead close Dayang line, up along the 5-day EMA, and 16350 yuan / ton platform has strong support, considering the strong drive of the outer plate of lead, Shanghai lead may continue to strengthen at night.

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

 

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