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The price of Brent crude is rising again, while the prices of aluminum and silver are falling

Aluminum price falls to new 3-month low

Aluminum’s slide to the mid-June low of 2,470 takes it to a new 3-month low, with the December to January highs of 2,399 to 2,398 representing a possible downside target area.

​Immediate bearish pressure should hold, while no upside is seen above the last daily candlestick reaction high made on July 11 at 2,508. Resistance below this level can be seen at the mid-June low of 2,470.

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