COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 10 JAN TO 14 JAN 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 10 JAN TO 14 JAN 2022

by admin- Saturday, January 8th, 2022 09:29:32 AM

COPPER RANGE 720/765
SENTIMENT RISKY RANGE BOUND POSITIVITY

LEVEL 1 – BUY COPPER JAN ABOVE 741 TGTS 745/50 SL 739 RES 750 THEN 765
LEVEL 2 – SELL COPPER BELOW 739 TGTS 735/30 SL 741 SUP 730 THEN 720

NICKEL RANGE 1510/1620
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL JAN ABOVE 1565 TGTS 1575/90 SL 1560 RES 1590 IF BREAKS SUSTAINS THEN 1620
LEVEL 2 – SELL NICKEL BELOW 1560 TGTS 1550/35 SL 1565 IMP 1ST SUP 1535 IF SAVES REVERSE ELSE 1515 SL 1512

ZINC RANGE 278/300
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC JAN ABOVE 288 TGTS 290/93 SL 287.40 RES 294 BREAKING SUSTAIN UP 300
LEVEL 2 – SELL ZINC BELOW 287 TGTS 286/84 SL 287.60 SUPPORT 284 THEN 278 REVERSE SL 277.40 RISKY

LEAD RANGE 177/194
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY JAN ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 194 RES REVERSE SL 194.60
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 181 1ST REVERSE THEN 177 SL 176.50 REVERSE

ALUMIN RANGE 224/238
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY JAN ABOVE ALUMIN 231 TGTS 233/35 SL 230
LEVEL 2 – SELL ALUMIN BELOW 230 TGTS 229/27 SL 231 ON DROP BUY 225 WITH SL BELOW 224.40

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