Monday, May 4, 2015
ZINC UPDATES FOR MAY 4 2015
MONDAY
WEEKLY UPDATE
Zinc prices has given a rally from 116 levels for the whole month and finally closed at 150 levels
last week with a clear breakout above 145 levels prices still looks very bullish and we expect the
rally to continue up to 160 levels for now with immediate resistance at 154.5 levels over all trend
looks bullish but buy on dips is advisable.
Weekly Update:
Buy Zinc or Zinc mini on dips between 147- 147.5
with stops below 145
for tgts 150 and 151.5.
WEEKLY UPDATE
Zinc prices has given a rally from 116 levels for the whole month and finally closed at 150 levels
last week with a clear breakout above 145 levels prices still looks very bullish and we expect the
rally to continue up to 160 levels for now with immediate resistance at 154.5 levels over all trend
looks bullish but buy on dips is advisable.
Weekly Update:
Buy Zinc or Zinc mini on dips between 147- 147.5
with stops below 145
for tgts 150 and 151.5.