COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 18 APR TO 22 APR 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 18 APR TO 22 APR 2022

by admin- Friday, April 15th, 2022 09:40:59 AM

COPPER RANGE 795/850
SENTIMENT RISKY RANGE BOUND MILD POSITIVE

LEVEL 1 – BUY COPPER APR ABOVE 824 TGTS 828/33 SL 822 RES 834 THEN 850
LEVEL 2 – SELL COPPER BELOW 821 TGTS 817/12 SL 823 SUP 808 THEN 795

NICKEL RANGE 1800/3200
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL APR ABOVE 2500 TGTS 2700/900 SL 2400 RES 2900 IF BREAKS SUSTAINS THEN 3200
LEVEL 2 – SELL NICKEL BELOW 2400 TGTS 2200/000 SL 2500 IMP 1ST SUP 2200 IF SAVES REVERSE ELSE 1800 N IMP.

ZINC RANGE 355/390
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC APR ABOVE 374 TGTS 376/79 SL 373 RES 380 BREAKING SUSTAIN UP 390
LEVEL 2 – SELL ZINC BELOW 373 TGTS 371/68 SL 374 SUP 365 IMP 1ST THEN 355 REVERSE SL 354 RISKY

LEAD RANGE 180/194
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY APR ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 193 RES REVERSE SL 193.60
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 182 1ST REVERSE THEN 180 SL 179.50 REVERSE

ALUMIN RANGE 252/285
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY APR ABOVE ALUMIN 270 TGTS 272/75 SL 269 RES 275 THEN 285
LEVEL 2 – SELL ALUMIN BELOW 269 TGTS 267/64 SL 270 SUP 262 THEN 252

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