COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 15 MAY TO 19 MAY 2023

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 15 MAY TO 19 MAY 2023

by admin- Saturday, May 13th, 2023 08:42:02 AM

COPPER RANGE 692/765
SENTIMENT RISKY RANGE

LEVEL 1 – BUY COPPER MAY ABOVE 730 TGTS 734/39 SL 727 RES 745 IMP THEN 765
LEVEL 2 – SELL COPPER BELOW 727 TGTS 723/18 SL 730 SUP 710 VERY IMP. THEN 692 REVERSE

ZINC RANGE 212/247
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC MAY ABOVE 230 TGTS 232/35 SL 229 RES 238 BREAKING SUSTAIN UP 247
LEVEL 2 – SELL ZINC BELOW 229 TGTS 227/24 SL 230 SUP 220 IMP REVERSE 1ST THEN 212

LEAD RANGE 176/191
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD MAY ABOVE 184 TGTS 185/87 SL 183.40 IF BREAKS 188 THEN 191 RES REVERSE SL 191.50
LEVEL 2 – SELL LEAD BELOW 183 TGTS 182/80 SL 183.60 SUP 179 1ST REVERSE THEN 176 SL 175.50 REVERSE

ALUMIN RANGE 194/223
RANGE BOUND SIDEWAYS

LEVEL 1 – BUY MAY ABOVE ALUMIN 207 TGTS 209/13 SL 206 RES 215 THEN 223
LEVEL 2 – SELL ALUMIN BELOW 206 TGTS 204/01 SL 207 SUP 200 THEN 194

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