COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 07 FEB TO 11 FEB 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 07 FEB TO 11 FEB 2022

by admin- Saturday, February 5th, 2022 10:48:48 AM

COPPER RANGE 730/785
SENTIMENT RISKY RANGE BOUND MILD POSITIVE

LEVEL 1 – BUY COPPER FEB ABOVE 756 TGTS 760/65 SL 754 RES 765 THEN 785
LEVEL 2 – SELL COPPER BELOW 754 TGTS 750/45 SL 756 SUP 745 THEN 730

NICKEL RANGE 1670/1800
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL FEB ABOVE 1740 TGTS 1750/65 SL 1735 RES 1765 IF BREAKS SUSTAINS THEN 1800
LEVEL 2 – SELL NICKEL BELOW 1735 TGTS 1725/10 SL 1740 IMP 1ST SUP 1710 IF SAVES REVERSE ELSE 1670 SL 1667

ZINC RANGE 288/310
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC FEB ABOVE 298 TGTS 300/03 SL 297.40 RES 304 BREAKING SUSTAIN UP 310
LEVEL 2 – SELL ZINC BELOW 297 TGTS 296/94 SL 297.60 SUPPORT 294 THEN 288 REVERSE SL 287.40 RISKY

LEAD RANGE 178/193
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY FEB ABOVE 184 TGTS 185/87 SL 183.40 IF BREAKS 187 THEN 191 RES REVERSE SL 191.60
LEVEL 2 – SELL LEAD BELOW 183.50 TGTS 182.50/81 SL 184.10 SUP 181 1ST REVERSE THEN 178 SL 177.50 REVERSE

ALUMIN RANGE 239/255
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY FEB ABOVE ALUMIN 247 TGTS 248/51 SL 245
LEVEL 2 – SELL ALUMIN BELOW 246 TGTS 244/41 SL 247 ON DROP BUY 239 WITH SL BELOW 238.40

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