COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 MAR TO 18 MAR 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 MAR TO 18 MAR 2022

by admin- Saturday, March 12th, 2022 10:05:08 AM

COPPER RANGE 760/850
SENTIMENT RISKY RANGE BOUND MILD POSITIVE

LEVEL 1 – BUY COPPER MAR ABOVE 812 TGTS 816/22 SL 809 RES 825 THEN 850
LEVEL 2 – SELL COPPER BELOW 809 TGTS 804/00 SL 812 SUP 795 THEN 765

NICKEL RANGE 2000/3600
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL MAR ABOVE 2800 TGTS 3000/200 SL 2700 RES 3200 IF BREAKS SUSTAINS THEN 3600
LEVEL 2 – SELL NICKEL BELOW 2700 TGTS 2600/400 SL 2800 IMP 1ST SUP 2400 IF SAVES REVERSE ELSE 2000 N IMP.

ZINC RANGE 300/340
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC MAR ABOVE 320 TGTS 322/25 SL 319 RES 325 BREAKING SUSTAIN UP 335
LEVEL 2 – SELL ZINC BELOW 319 TGTS 317/14 SL 320 SUP 312 IMP 1ST THEN 300 REVERSE SL 299 RISKY

LEAD RANGE 178/193
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY MAR ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 190 THEN 193 RES REVERSE SL 193.60
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 182 1ST REVERSE THEN 178 SL 177.50 REVERSE

ALUMIN RANGE 265/300
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY MAR ABOVE ALUMIN 283 TGTS 285/88 SL 282 RES 290 THEN 300
LEVEL 2 – SELL ALUMIN BELOW 282 TGTS 280/77 SL 283 SUP 275 THEN 265
BREAKING RANGE CAN BE IMPORTANT

News Updates