Zinc Ready For A Downward Voyage
Satendra Singh | Nov 05, 2017 01:09AM ET
On analysis of the movement of Zinc Futures price in different chart patterns which I noted in my last few analyses, I find that the Zinc futures price seems ready for a downward voyage amid growing volatility during the upcoming weeks.
Having a look at the movement of zinc futures price on weekly closing last week of the October 2017, I find the Zinc futures price facing stiff resistance and seems to attract more bears at the current levels but volatility will be persistence during this downward voyage too as it was during its uptrend voyage. I conclude expected propositional trading zones for the Week of November 5th, 2017.
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