/

It seems that the metal has completed the previous expected mild upside correction, reaching the upper line of the recently established minor descending channel, signaling that the negative effect of the bearish harmonic pattern is still in progress. Therefore we keep our overview to the downside, targeting 38.2% Fibonacci level at 13.85 zones. Indicators show obvious overbought signals, supporting the overview.
The trading range for today is among the key support at 13.30 and key resistance now at 15.30.
The general trend is to the upside as far as 10.95 remains intact with targets at 16.85.

/