COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 7 DEC TO 11 DEC 2020

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 7 DEC TO 11 DEC 2020

by admin- Saturday, December 5th, 2020 11:11:51 AM

COPPER RANGE 570/630
SENTIMENT VOLATILE TO POSITIVE

LEVEL 1 – BUY COPPER RISKY DEC ABOVE 598 TGTS 602/608 SL 596 RES 610 1ST ON BREAKING SUSTAIN ONLY CARRY BIG RES 625
LEVEL 2 – SELL COPPER DEC BELOW 596 TGTS 592/586 SL 598 RISKY SUPPORT 586 BIG SUP 577 REVERSE
NICKEL RANGE 1190/1270
SENTIMENT RANGE BOUND POSITIVE

LEVEL 1 – SELL NICKEL DEC BELOW 1224 TGTS 1218/1210 SL 1227 ON DROP 1ST SUPPORT 1210 IF BREAKS THEN 1195 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1228 TGTS 1234/45 SL 1225 RES 1245 THEN 1270
ZINC RANGE 208/220
RANGE BOUND

LEVEL 1 – BUY ZINC DEC ABOVE 215 TGTS 216/218 SL 214.40 RESISTANCE 218 BREAKING & HOLD UP MOVES
LEVEL 2 – SELL ZINC DEC BELOW 214 TGTS 213/211 SL 214.60 THEN BUY WITH SL BELOW 210.50 FOR 212/215 IMPORTANT SUPPORT 211 BIG 208 FOR REVERSE
LEAD RANGE 154/165
RANGE BOUND TO POSITIVE

LEVEL 1 – SELL LEAD DEC BELOW 157 TGTS 156/154 SL 157.50 BUY NEAR 154 SL BELOW 153.60
LEVEL 2 – BUY LEAD ABOVE 158.50 TGTS 159.50/161 SL 158 RES 161 THEN 165 SELL SL 165.50
ALUMIN RANGE 160/170
RANGE BOUND

LEVEL 1 – BUY DEC ALUMIN 166.50 TGTS 167.50/169 SL 166
LEVEL 2 – SELL ALUMIN BELOW 166 TGTS 165/163 SL 166.50 ON DROP BUY WITH SL BELOW 162.60 TGTS 164/167

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