COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 13 DEC TO 17 DEC 2021

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 13 DEC TO 17 DEC 2021

by admin- Saturday, December 11th, 2021 10:05:14 AM

COPPER RANGE 705/757
SENTIMENT RISKY RANGE BOUND

LEVEL 1 – BUY COPPER DEC ABOVE 732 TGTS 736/41 SL 730 RES 744 THEN 757
LEVEL 2 – SELL COPPER BELOW 729 TGTS 725/20 SL 731 SUP 717 THEN 705

NICKEL RANGE 1500/1620
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL DEC ABOVE 1560 TGTS 1570/85 SL 1555 RES 1590 IF BREAKS SUSTAINS THEN 1620
LEVEL 2 – SELL NICKEL BELOW 1550 TGTS 1540/25 SL 1555 IMP 1ST SUP 1525 IF SAVES REVERSE ELSE 1500 SL 1497

ZINC RANGE 265/286
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC DEC ABOVE 278 TGTS 280/82 SL 277 RES 282 BREAKING SUSTAIN UP 286
LEVEL 2 – SELL ZINC BELOW 277 TGTS 275/73 SL 278 SUPPORT 272 THEN 267 REVERSE SL 266.40 RISKY

LEAD RANGE 177/193
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY DEC ABOVE 185 TGTS 186/88 SL 184.40 IF BREAKS 188 THEN 193 RES REVERSE SL 193.60
LEVEL 2 – SELL LEAD BELOW 184 TGTS 183/81 SL 184.60 SUP 181 1ST REVERSE THEN 177 SL 176.50 REVERSE

ALUMIN RANGE 207/218
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY DEC ABOVE ALUMIN 213 TGTS 215/17 SL 212
LEVEL 2 – SELL ALUMIN BELOW 212 TGTS 210/08 SL 213 ON DROP BUY 207 WITH SL BELOW 206.40

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