COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 24 JAN TO 28 JAN 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 24 JAN TO 28 JAN 2022

by admin- Saturday, January 22nd, 2022 10:37:01 AM

COPPER RANGE 732/784
SENTIMENT RISKY RANGE BOUND RES TEST

LEVEL 1 – BUY COPPER FEB ABOVE 758 TGTS 762/67 SL 755 RES 768 THEN 784
LEVEL 2 – SELL COPPER BELOW 755 TGTS 751/47 SL 758 SUP 745 THEN 732

NICKEL RANGE 1720/1880
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL FEB ABOVE 1800 TGTS 1810/25 SL 1795 RES 1830 IF BREAKS SUSTAINS THEN 1870
LEVEL 2 – SELL NICKEL BELOW 1790 TGTS 1780/65 SL 1795 IMP 1ST SUP 1760 IF SAVES REVERSE ELSE 1720 SL 1717

ZINC RANGE 288/310
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC FEB ABOVE 298 TGTS 300/03 SL 297.40 RES 304 BREAKING SUSTAIN UP 310
LEVEL 2 – SELL ZINC BELOW 297 TGTS 296/94 SL 297.60 SUPPORT 294 THEN 288 REVERSE SL 287.40 RISKY

LEAD RANGE 178/195
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY FEB ABOVE 187 TGTS 189/91 SL 186.40 IF BREAKS 191 THEN 195 RES REVERSE SL 195.60
LEVEL 2 – SELL LEAD BELOW 186 TGTS 184/82 SL 187.60 SUP 182 1ST REVERSE THEN 178 SL 177.50 REVERSE

ALUMIN RANGE 234/250
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY FEB ABOVE ALUMIN 242 TGTS 244/47 SL 241
LEVEL 2 – SELL ALUMIN BELOW 241 TGTS 239/37 SL 242 ON DROP BUY 234 WITH SL BELOW 233.40

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