COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 08 AUG TO 12 AUG 2022
by admin- Saturday, August 6th, 2022 08:24:25 AM
COPPER RANGE 620/695
SENTIMENT RISKY RANGE
LEVEL 1 – BUY COPPER AUG ABOVE 660 TGTS 664/70 SL 657 RES 675 THEN 695
LEVEL 2 – SELL COPPER BELOW 657 TGTS 653/48 SL 660 SUP 640 IMP. THEN 620 REVERSE
ZINC RANGE 288/330
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY ZINC AUG ABOVE 310 TGTS 312/15 SL 299 RES 316 BREAKING SUSTAIN UP 330
LEVEL 2 – SELL ZINC BELOW 309 TGTS 307/04 SL 310 SUP 300 IMP 1ST THEN 290 REVERSE SL 287.50 RISKY
LEAD RANGE 172/188
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD AUG ABOVE 181 TGTS 183/85 SL 180 IF BREAKS 185 THEN 188 RES REVERSE SL 188.60
LEVEL 2 – SELL LEAD BELOW 180 TGTS 178/75 SL 181 SUP 175 1ST REVERSE THEN 172 SL 171.50 REVERSE
ALUMIN RANGE 200/227
RANGE BOUND SIDEWAYS
LEVEL 1 – BUY AUG ABOVE ALUMIN 212 TGTS 214/17 SL 211 RES 220 THEN 227
LEVEL 2 – SELL ALUMIN BELOW 211 TGTS 209/06 SL 212 SUP 206 THEN 200