COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 DEC TO 25 DEC 2020

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 DEC TO 25 DEC 2020

by admin- Saturday, December 19th, 2020 10:28:12 AM

COPPER RANGE 600/635
SENTIMENT VOLATILE

LEVEL 1 – BUY COPPER RISKY DEC ABOVE 617 TGTS 620/625 SL 615 RES 625 1ST ON BREAKING SUSTAIN ONLY CARRY BIG RES 635
LEVEL 2 – SELL COPPER DEC BELOW 615 TGTS 612/607 SL 617 RISKY SUPPORT 607 REVERSE BIG SUP 600
NICKEL RANGE 1250/1350
SENTIMENT RANGE BOUND POSITIVE

LEVEL 1 – SELL NICKEL DEC BELOW 1310 TGTS 1305/1295 SL 1313 ON DROP 1ST SUPPORT 1295 IF BREAKS THEN 1280 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1314 TGTS 1319/28 SL 1311 RES 1315 THEN 1330
ZINC RANGE 215/228
RANGE BOUND

LEVEL 1 – BUY ZINC DEC ABOVE 223 TGTS 224/226 SL 222.40 RES 228
LEVEL 2 – SELL ZINC DEC BELOW 222 TGTS 221/219 SL 222.60 THEN BUY WITH SL BELOW 218.60 IMPORTANT SUPPORT 215
LEAD RANGE 154/164
RANGE BOUND

LEVEL 1 – SELL LEAD DEC BELOW 158.50 TGTS 157.50/156 SL 159 IF BREAKS 157 THEN 154 SUP REVERSE SL 153.60
LEVEL 2 – BUY LEAD ABOVE 159 TGTS 160/162 SL 159.40 RES 162 THEN 165 REVERSE
ALUMIN RANGE 160/170
RANGE BOUND

LEVEL 1 – BUY DEC ALUMIN 166 TGTS 167/168 SL 165.50
LEVEL 2 – SELL ALUMIN BELOW 165.50 TGTS 164.50/163 SL 166 ON DROP BUY WITH SL BELOW 162.60 TGTS 165/167

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