COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 25 DEC TO 29 DEC 2023

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 25 DEC TO 29 DEC 2023

by admin- Saturday, December 23rd, 2023 09:16:33 AM

COPPER RANGE 694/775
SENTIMENT RISKY RANGE

LEVEL 1 – BUY COPPER JAN ABOVE 732 RISKY TGTS 736/41 SL 729 RES 755 IMP THEN 775
LEVEL 2 – SELL COPPER BELOW 729 TGTS 725/20 SL 732 SUP 710 IMP. THEN 694 REVERSE

ZINC RANGE 213/245
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC JAN ABOVE 230 TGTS 232/35 SL 229 RES 237 BREAKING SUSTAIN UP 245
LEVEL 2 – SELL ZINC BELOW 228 TGTS 226/23 SL 229 SUP 220 IMP REVERSE 1ST THEN 213

LEAD RANGE 175/190
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD JAN ABOVE 183 TGTS 184/86 SL 182.40 IF BREAKS 187 THEN 190 RES REVERSE SL 190.50
LEVEL 2 – SELL LEAD BELOW 182 TGTS 181/79 SL 182.60 SUP 177 1ST REVERSE THEN 175 SL 174.50 REVERSE

ALUMIN RANGE 194/222
RANGE BOUND SIDEWAYS

LEVEL 1 – BUY JAN ABOVE ALUMIN 209 TGTS 211/13 SL 208 RES 216 THEN 222
LEVEL 2 – SELL ALUMIN BELOW 208 TGTS 206/04 SL 209 SUP 200 THEN 194

News Updates