COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 AUG TO 18 AUG 2023
by admin- Saturday, August 12th, 2023 07:26:11 AM
COPPER RANGE 690/770
SENTIMENT RISKY RANGE
LEVEL 1 – BUY COPPER AUG ABOVE 726 TGTS 730/35 SL 723 RES 745 IMP THEN 770
LEVEL 2 – SELL COPPER BELOW 723 TGTS 719/14 SL 726 SUP 705 IMP. THEN 690 REVERSE
ZINC RANGE 202/236
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY ZINC AUG ABOVE 218 TGTS 220/23 SL 217 RES 227 BREAKING SUSTAIN UP 236
LEVEL 2 – SELL ZINC BELOW 217 TGTS 215/12 SL 218 SUP 210 IMP REVERSE 1ST THEN 202
LEAD RANGE 175/190
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD AUG ABOVE 184 TGTS 185/87 SL 183.40 IF BREAKS 187 THEN 190 RES REVERSE SL 190.50
LEVEL 2 – SELL LEAD BELOW 183 TGTS 181/79 SL 183.60 SUP 179 1ST REVERSE THEN 176 SL 175.50 REVERSE
ALUMIN RANGE 186/213
RANGE BOUND SIDEWAYS
LEVEL 1 – BUY AUG ABOVE ALUMIN 198 TGTS 200/202 SL 197 RES 205 THEN 213
LEVEL 2 – SELL ALUMIN BELOW 197 TGTS 196/94 SL 198 SUP 193 THEN 186