COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 12 AUG TO 16 AUG 2024
by admin- Saturday, August 10th, 2024 07:49:58 AM
COPPER RANGE 737/820
SENTIMENT RISKY RANGE
LEVEL 1 – BUY COPPER AUG ABOVE 778 TGTS 783/88 SL 775 RES 798 IMP THEN 820
LEVEL 2 – SELL COPPER BELOW 775 TGTS 770/65 SL 778 SUP 754 IMP. THEN REVERSE 737
ZINC RANGE 237/275
RANGE BOUND STILL
LEVEL 1 – BUY ZINC AUG ABOVE 259 TGTS 261/64 SL 258 RES 268 BREAKING SUSTAIN UP 275
LEVEL 2 – SELL ZINC BELOW 257 TGTS 255/52 SL 258 SUP 245 IMP REVERSE 1ST THEN 237
LEAD RANGE 177/195
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD AUG ABOVE 187 TGTS 189/91 SL 186.40 IF BREAKS 193 THEN 195 RES REVERSE SL 195.50
LEVEL 2 – SELL LEAD BELOW 186 TGTS 184/81 SL 186.60 SUP 180 1ST REVERSE THEN 177 SL 176.50 REVERSE
ALUMIN RANGE 200/228
RANGE BOUND SIDEWAYS
LEVEL 1 – BUY AUG ABOVE ALUMIN 215 TGTS 217/19 SL 214 RES 223 THEN 228
LEVEL 2 – SELL ALUMIN BELOW 214 TGTS 212/10 SL 215 SUP 206 THEN 200