COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 16 OCT TO 20 OCT 2023
by admin- Saturday, October 14th, 2023 09:41:10 AM
COPPER RANGE 664/740
SENTIMENT RISKY RANGE
LEVEL 1 – BUY COPPER OCT ABOVE 698 RISKY TGTS 703/08 SL 695 RES 720 IMP THEN 740
LEVEL 2 – SELL COPPER BELOW 695 TGTS 690/85 SL 698 SUP 680 VERY IMP. THEN 664 REVERSE
ZINC RANGE 208/236
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY ZINC OCT ABOVE 221 TGTS 223/25 SL 220 RES 228 BREAKING SUSTAIN UP 236
LEVEL 2 – SELL ZINC BELOW 220 TGTS 218/16 SL 221 SUP 216 IMP REVERSE 1ST THEN 208
LEAD RANGE 180/192
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD OCT ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 192 RES REVERSE SL 192.50
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 182 1ST REVERSE THEN 180 SL 179.50 REVERSE
ALUMIN RANGE 192/217
RANGE BOUND SIDEWAYS
LEVEL 1 – BUY OCT ABOVE ALUMIN 204 TGTS 206/08 SL 203 RES 210 THEN 217
LEVEL 2 – SELL ALUMIN BELOW 203 TGTS 201/199 SL 204 SUP 197 THEN 192