LME composite trading closing support level resistance 14th RSI 10th MA 30th MA three-month copper 4,105 * 4000 * 4150 * 81 * 3989 * 3929 three-month aluminum 2,058 * 2000 * 2100 * 77 * 2021 * 1967 London, November 14 news: The London Metal Exchange (LME) copper hit a record high of US$4,132 at the beginning of Monday, as investors bet that China cannot cool the copper price and copper supply will continue to be tense. At 0805 GMT, the three-month copper was at 4,113/23, up from a record high of 4,105 on Friday. China's State Reserve Bureau (SRB) previously stated that it will continue to sell copper in the domestic market, but traders have doubts about their ability to cool the price of copper. One European trader said, "China has announced the number of reserves and the amount of copper sold, but the market is not paying enough attention and pushing up copper prices." "The problem is that if all Chinese SRBs are sold, copper prices may still be pushed up by the opponent." Last week China's SRB told Reuters that it holds 1.3 million tons of copper, which is much higher than the industry's expected 20-40 million tons. Nevertheless, copper prices will continue to rise. Aluminum futures fell to 2,055/2,059 US dollars from the closing price of 2,058 in the previous trading day.