COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 17 JAN TO 21 JAN 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 17 JAN TO 21 JAN 2022

by admin- Saturday, January 15th, 2022 09:56:05 AM

COPPER RANGE 720/770
SENTIMENT RISKY RANGE BOUND RES TEST

LEVEL 1 – BUY COPPER JAN ABOVE 744 TGTS 748/53 SL 741 RES 757 THEN 770
LEVEL 2 – SELL COPPER BELOW 741 TGTS 737/32 SL 744 SUP 732 THEN 720

NICKEL RANGE 1570/1720
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL JAN ABOVE 1640 TGTS 1650/70 SL 1635 RES 1675 IF BREAKS SUSTAINS THEN 1720
LEVEL 2 – SELL NICKEL BELOW 1635 TGTS 1625/10 SL 1640 IMP 1ST SUP 1610 IF SAVES REVERSE ELSE 1570 SL 1567

ZINC RANGE 278/300
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC JAN ABOVE 288 TGTS 290/93 SL 287.40 RES 294 BREAKING SUSTAIN UP 300
LEVEL 2 – SELL ZINC BELOW 287 TGTS 286/84 SL 287.60 SUPPORT 284 THEN 278 REVERSE SL 277.40 RISKY

LEAD RANGE 183/197
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY JAN ABOVE 190 TGTS 191/93 SL 189.40 IF BREAKS 193 THEN 197 RES REVERSE SL 197.60
LEVEL 2 – SELL LEAD BELOW 189 TGTS 188/86 SL 189.60 SUP 186 1ST REVERSE THEN 183 SL 182.50 REVERSE

ALUMIN RANGE 227/245
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY JAN ABOVE ALUMIN 235 TGTS 237/40 SL 234
LEVEL 2 – SELL ALUMIN BELOW 234 TGTS 232/29 SL 235 ON DROP BUY 227 WITH SL BELOW 226.40

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