COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 03 JAN TO 07 JAN 2021

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 03 JAN TO 07 JAN 2021

by admin- Saturday, January 1st, 2022 09:39:29 AM

COPPER RANGE 725/775
SENTIMENT RISKY RANGE BOUND POSITIVITY

LEVEL 1 – BUY COPPER JAN ABOVE 749 TGTS 753/58 SL 746 RES 760 THEN 775
LEVEL 2 – SELL COPPER BELOW 746 TGTS 742/37 SL 748 SUP 735 THEN 725

NICKEL RANGE 1510/1640
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL JAN ABOVE 1575 TGTS 1585/1600 SL 1570 RES 1600 IF BREAKS SUSTAINS THEN 1640
LEVEL 2 – SELL NICKEL BELOW 1565 TGTS 1555/40 SL 1570 IMP 1ST SUP 1540 IF SAVES REVERSE ELSE 1510 SL 1507

ZINC RANGE 278/300
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC JAN ABOVE 288 TGTS 290/92 SL 287.40 RES 294 BREAKING SUSTAIN UP 300
LEVEL 2 – SELL ZINC BELOW 287 TGTS 285/83 SL 287.60 SUPPORT 283 THEN 278 REVERSE SL 277.40 RISKY

LEAD RANGE 177/194
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY JAN ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 194 RES REVERSE SL 194.60
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 181 1ST REVERSE THEN 177 SL 176.50 REVERSE

ALUMIN RANGE 218/233
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY JAN ABOVE ALUMIN 226 TGTS 228/30 SL 225
LEVEL 2 – SELL ALUMIN BELOW 225 TGTS 223/21 SL 226 ON DROP BUY 218 WITH SL BELOW 217.40

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