COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 25 JAN TO 29 JAN 2021

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 25 JAN TO 29 JAN 2021

by admin- Saturday, January 23rd, 2021 10:34:52 AM

COPPER RANGE 595/618
SENTIMENT VOLATILE

LEVEL 1 – BUY COPPER RISKY FEB ABOVE 610 TGTS 614/619 SL 608 RES 620 1ST ON BREAKING SUSTAIN ONLY CARRY TO 630
LEVEL 2 – SELL COPPER FEB BELOW 608 TGTS 604/598 SL 609 RISKY SUPPORT 597 REVERSE BIG SUP 588
NICKEL RANGE 1300/1350
SENTIMENT RANGE BOUND TO POSITIVE

LEVEL 1 – SELL NICKEL FEB BELOW 1325 TGTS 1320/1310 SL 1330 ON DROP 1ST SUPPORT 1304 IF BREAKS THEN 1285 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1330 TGTS 1335/1345 SL 1325 RES 1345 THEN 1370
ZINC RANGE 207/224
RANGE BOUND

LEVEL 1 – BUY ZINC FEB ABOVE 215 TGTS 217/219 SL 214.50 RES 219 BREAKING SUSTAIN UP 224
LEVEL 2 – SELL ZINC BELOW 214.50 TGTS 213/211 SL 215.10 THEN SUP 211 SUPPORT 208 REVERSE
LEAD RANGE 157/170
RANGE BOUND

LEVEL 1 – BUY LEAD FEB BELOW 163 TGTS 164/166 SL 162.50 IF BREAKS 167 THEN 170 RES REVERSE SL 170.60
LEVEL 2 – SELL LEAD ABOVE 162.50 TGTS 161.50/160 SL 163.10 SUP 160 THEN 158
ALUMIN RANGE 159/165
RANGE BOUND

LEVEL 1 – BUY FEB ALUMIN 162.50 TGTS 163.50/165 SL 162
LEVEL 2 – SELL ALUMIN BELOW 162 TGTS 161/159 SL 162.60 ON DROP BUY WITH SL BELOW 158.80 TGTS 162/164

 

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