COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 05 FEB TO 09 FEB 2024

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 05 FEB TO 09 FEB 2024

by admin- Saturday, February 3rd, 2024 10:22:18 AM

COPPER RANGE 688/755
SENTIMENT RISKY RANGE

LEVEL 1 – BUY COPPER FEB ABOVE 723 RISKY TGTS 727/32 SL 720 RES 740 IMP THEN 755
LEVEL 2 – SELL COPPER BELOW 720 TGTS 716/11 SL 723 SUP 702 IMP. THEN 688 REVERSE

ZINC RANGE 204/235
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC FEB ABOVE 220 TGTS 222/25 SL 219 RES 228 BREAKING SUSTAIN UP 235
LEVEL 2 – SELL ZINC BELOW 218 TGTS 216/14 SL 219 SUP 210 IMP REVERSE 1ST THEN 204

LEAD RANGE 175/190
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD FEB ABOVE 182 TGTS 183/85 SL 181.40 IF BREAKS 186 THEN 189 RES REVERSE SL 189.50
LEVEL 2 – SELL LEAD BELOW 181 TGTS 180/78 SL 181.60 SUP 178 1ST REVERSE THEN 175 SL 174.50 REVERSE

ALUMIN RANGE 187/218
RANGE BOUND SIDEWAYS

LEVEL 1 – BUY FEB ABOVE ALUMIN 203 TGTS 205/207 SL 202 RES 210 THEN 218
LEVEL 2 – SELL ALUMIN BELOW 202 TGTS 200/198 SL 203 SUP 195 THEN 187

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