Since my last analysis, Zinc Futures price seems ready to move in indecisive manners amid growing demand and pressure from a strong dollar during the Week of January 28th, 2017, which points to indecisive moves followed by a steep downward move during the week ahead due to an expected upward move in the USD from lower levels. On the other hand, strong demand with inventory slipping to their lowest levels since 2008, indicates supply is tight. I expect Zinc futures price to trade in propositional zones for the Week of February 4, 2018.
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