LME composite trading closing support resistance level 14th RSI 10th MA 30th MA three-month copper 3572.00 * 3500 * 3600 * 69 * 3541 * 3412 three-month aluminum 1885.50 * 1850 * 1900 * 62 * 1870 * 1810 London 8 On the 8th of the month, traders said that the London Metal Exchange (LME) copper earlier in the European market fell on Monday morning. The trading was quiet and Japanese investors left due to seasonal holidays. Earlier copper weakened in the Asian market because last week Shanghai copper inventories rose. Some Chinese investors delayed their purchases and waited for the copper price to fall further. Copper prices hit a record high of US$3,600 per ton last Friday. A Japanese trader said, “The metal market as a whole was very quiet on Monday and it looks like this week. This will continue to be the case, as it currently coincides with Japan's seasonal industry holiday." "Investors expect copper will fall slightly due to its excessive gains and the price is already very high. There are some consumer buying in the market, but they are still Waiting for the further decline in the price of copper." At 0700 GMT, the three-month copper was at 3,550/555 US dollars per tonne, and the late evening composite market closed at 3,572. The three-month aluminum was at 1,870/875 U.S. dollars. Closing Report 1 , 885.50. Dealers said, "There is no supply shortage in Asia at all. We expect aluminum prices to fall to the low end of the $1,800-1,899 range in the coming trading days."