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LME Zinc: Further rise is above 2843

31 Jul 2017 11:27 am
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Report For Date 31/07/2017

LME Zinc - (Price figures in $/Ton)

Accumulate at DRV-2627 or below as the opportunity arises. Resistance is at 2805-2843-2971.

Correction towards DRV can be witnessed unless immediate rise above 2843 is witnessed.




Weekly Levels For LME Zinc

STRATEGY

CLOSE

DRV

TREND

Trend Price

Trend Date

L1

L2

CP

L3

L4

Accumulate

2766.0

2627.8

UP

2725

23.06

2687

2746

2786

2805

2864




Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.


       
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