COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 27 DEC TO 31 DEC 2021

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 27 DEC TO 31 DEC 2021

by admin- Saturday, December 25th, 2021 10:30:57 AM

COPPER RANGE 725/775
SENTIMENT RISKY RANGE BOUND POSITIVITY

LEVEL 1 – BUY COPPER JAN ABOVE 749 TGTS 753/58 SL 746 RES 760 THEN 775
LEVEL 2 – SELL COPPER BELOW 746 TGTS 742/37 SL 748 SUP 735 THEN 725

NICKEL RANGE 1495/1620
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL JAN ABOVE 1550 TGTS 1560/75 SL 1545 RES 1585 IF BREAKS SUSTAINS THEN 1620
LEVEL 2 – SELL NICKEL BELOW 1545 TGTS 1535/20 SL 1550 IMP 1ST SUP 1515 IF SAVES REVERSE ELSE 1495 SL 1492

ZINC RANGE 278/300
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC JAN ABOVE 290 TGTS 291.50/94 SL 289.40 RES 294 BREAKING SUSTAIN UP 300
LEVEL 2 – SELL ZINC BELOW 289 TGTS 287/85 SL 289.60 SUPPORT 284 THEN 278 REVERSE SL 277.40 RISKY

LEAD RANGE 177/194
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY JAN ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 194 RES REVERSE SL 194.60
LEVEL 2 – SELL LEAD BELOW 185 TGTS 184/82 SL 185.60 SUP 181 1ST REVERSE THEN 177 SL 176.50 REVERSE

ALUMIN RANGE 220/235
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY JAN ABOVE ALUMIN 227 TGTS 229/31 SL 226
LEVEL 2 – SELL ALUMIN BELOW 226 TGTS 224/22 SL 227 ON DROP BUY 220 WITH SL BELOW 219.40

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