Zinc Futures price seems to face stiff resistance which indicates appearance of an exhaustive move ahead amid growing voatility.
On analysis of the movement of Zinc futures price on October 2nd, 2017 at 07:10:00 in the same chart pattern, which I noted in my last analyses, I conclude that although, the Zinc futures price seems ready to move upward but still the strength of the up moves is under suspicion because if the bullish moves are not strong enough to sustain zinc futures price above the level of $3333 during this upward voyage in the upcoming weeks.
Have A Nice Trading Time. Good Luck!
Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you are prepared to lose.
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