COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 DEC TO 18 DEC 2020

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 DEC TO 18 DEC 2020

by admin- Saturday, December 12th, 2020 10:29:18 AM

COPPER RANGE 580/630
SENTIMENT VOLATILE

LEVEL 1 – BUY COPPER RISKY DEC ABOVE 604 TGTS 608/614 SL 602 RES 615 1ST ON BREAKING SUSTAIN ONLY CARRY BIG RES 624
LEVEL 2 – SELL COPPER DEC BELOW 601 TGTS 598/593 SL 602.50 RISKY SUPPORT 595 REVERSE BIG SUP 585
NICKEL RANGE 1250/1330
SENTIMENT RANGE BOUND POSITIVE

LEVEL 1 – SELL NICKEL DEC BELOW 1295 TGTS 1290/1280 SL 1298 ON DROP 1ST SUPPORT 1280 IF BREAKS THEN 1260 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1298 TGTS 1304/14 SL 1295 RES 1315 THEN 1330
ZINC RANGE 208/224
RANGE BOUND

LEVEL 1 – BUY ZINC DEC ABOVE 217 TGTS 218/220 SL 216.40 RESISTANCE 220 THEN 224 IF BREAKS & HOLD RALLY
LEVEL 2 – SELL ZINC DEC BELOW 216 TGTS 215/213 SL 216.40 THEN BUY WITH SL BELOW 212.50 FOR 215/218 IMPORTANT SUPPORT 211
LEAD RANGE 154/164
RANGE BOUND

LEVEL 1 – SELL LEAD DEC BELOW 159 TGTS 158/157 SL 159.50 IF BREAKS 157 THEN 154 SUP REVERSE SL 153.60
LEVEL 2 – BUY LEAD ABOVE 160 TGTS 161/163 SL 160.40 RES 165 THEN 169 REVERSE
ALUMIN RANGE 160/170
RANGE BOUND

LEVEL 1 – BUY DEC ALUMIN 165.50 TGTS 166.50/168 SL 165
LEVEL 2 – SELL ALUMIN BELOW 164.50 TGTS 163.50/162 SL 165 ON DROP BUY WITH SL BELOW 161.50 TGTS 164/167

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