COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 16 MAY TO 20 MAY 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 16 MAY TO 20 MAY 2022

by admin- Saturday, May 14th, 2022 09:26:04 AM

COPPER RANGE 722/785
SENTIMENT RISKY RANGE BOUND UP

LEVEL 1 – BUY COPPER MAY ABOVE 755 TGTS 759/64 SL 752 RES 770 THEN 785
LEVEL 2 – SELL COPPER BELOW 752 TGTS 748/43 SL 755 SUP 738 IMP. THEN 722 REVERSE

ZINC RANGE 285/335
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC MAY ABOVE 309 TGTS 311/14 SL 308 RES 320 BREAKING SUSTAIN UP 335
LEVEL 2 – SELL ZINC BELOW 308 TGTS 306/03 SL 308 SUP 300 IMP 1ST THEN 285 REVERSE SL 284.40 RISKY

LEAD RANGE 173/188
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY MAY ABOVE 180 TGTS 182/84 SL 179.40 IF BREAKS 185 THEN 188 RES REVERSE SL 188.60
LEVEL 2 – SELL LEAD BELOW 179 TGTS 177/75 SL 179.60 SUP 175 1ST REVERSE THEN 173 SL 172.50 REVERSE

ALUMIN RANGE 215/256
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY MAY ABOVE ALUMIN 237 TGTS 239/42 SL 236 RES 244 THEN 256
LEVEL 2 – SELL ALUMIN BELOW 236 TGTS 234/31 SL 237 SUP 228 THEN 215

News Updates