COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 28 DEC TO 01 JAN 2021

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 28 DEC TO 01 JAN 2021

by admin- Friday, December 25th, 2020 10:33:12 AM

COPPER RANGE 590/615
SENTIMENT VOLATILE

LEVEL 1 – BUY COPPER RISKY JAN ABOVE 606 TGTS 610/615 SL 603 RES 615 1ST ON BREAKING SUSTAIN ONLY CARRY BIG RES 624
LEVEL 2 – SELL COPPER DEC BELOW 604 TGTS 600/595 SL 607 RISKY SUPPORT 595 REVERSE BIG SUP 585
NICKEL RANGE 1235/1315
SENTIMENT RANGE BOUND POSITIVE

LEVEL 1 – SELL NICKEL JAN BELOW 1270 TGTS 1265/55 SL 1273 ON DROP 1ST SUPPORT 1255 IF BREAKS THEN 1240 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1275 TGTS 1280/90 SL 1272 RES 1290 THEN 1315
ZINC RANGE 215/228
RANGE BOUND

LEVEL 1 – BUY ZINC JAN ABOVE 222 TGTS 223/225 SL 221.40 RES 225 BREAKING SUSTAIN UP
LEVEL 2 – SELL ZINC BELOW 221 TGTS 220/218 SL 221.60 THEN SUP 218 IMPORTANT SUPPORT 215 REVERSE
LEAD RANGE 151/164
RANGE BOUND

LEVEL 1 – SELL LEAD JAN BELOW 156 TGTS 155/153 SL 156.60 IF BREAKS 153 THEN 151 SUP REVERSE SL 150.60
LEVEL 2 – BUY LEAD ABOVE 157 TGTS 158/160 SL 156.40 RES 160 THEN 164 REVERSE
ALUMIN RANGE 160/167
RANGE BOUND

LEVEL 1 – BUY JAN ALUMIN 164 TGTS 165/167 SL 163.50
LEVEL 2 – SELL ALUMIN BELOW 163.50 TGTS 162.50/160 SL 164 ON DROP BUY WITH SL BELOW 159.60 TGTS 163/165

News Updates