COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 06 MAY TO 10 MAY 2024

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 06 MAY TO 10 MAY 2024

by admin- Saturday, May 4th, 2024 08:54:35 AM

COPPER RANGE 815/895
SENTIMENT RISKY RANGE

LEVEL 1 – BUY COPPER MAY ABOVE 857 RISKY TGTS 862/67 SL 854 RES 876 IMP THEN 895
LEVEL 2 – SELL COPPER BELOW 854 TGTS 849/44 SL 857 SUP 835 IMP. THEN REVERSE 815

ZINC RANGE 240/276
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC MAY ABOVE 259 TGTS 261/64 SL 258 RES 268 BREAKING SUSTAIN UP 276
LEVEL 2 – SELL ZINC BELOW 257 TGTS 255/52 SL 258 SUP 248 IMP REVERSE 1ST THEN 240

LEAD RANGE 181/200
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD MAY ABOVE 191 TGTS 193/95 SL 190.40 IF BREAKS 197 THEN 200 RES REVERSE SL 200.50
LEVEL 2 – SELL LEAD BELOW 190 TGTS 188/86 SL 190.60 SUP 185 1ST REVERSE THEN 181 SL 180.50 REVERSE

ALUMIN RANGE 217/247
RANGE BOUND SIDEWAYS

LEVEL 1 – BUY MAY ABOVE ALUMIN 234 TGTS 236/38 SL 233 RES 242 THEN 247
LEVEL 2 – SELL ALUMIN BELOW 233 TGTS 231/29 SL 234 SUP 225 THEN 217

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