Volatile trading continues on the metal but below the key resistance for the ascending channel and below the 11.50 level. We expect to see sideways trading with some tendency to the downside but at any time the 11.86 level is breached, this will result in a new upside wave.

The trading range for today is among the key support at 10.15 and the key resistance at 11.86

The general trend is to the downside as far as 14.70 remains intact with targets at 8.05 and 7.60

Resistance11.20 11.30 11.50 11.57 11.78