fails to break higher now retesting support

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    19 Jun
    Technical Analysis - Zinc - Fails to break higher, now retesting support

    BaseMetals.com William Adams - Prices have been range bound but capped at $3,755, a breach would signal a rechallenge of $3,845 which would then retarget the $4,150 area.

    www.basemetals.com

    June 20

    Zinc for August delivery in Shanghai rose 0.4 percent to end the morning at 28,875 yuan a ton. London Metal Exchange zinc for delivery in three months was 1.1 percent higher at $3,650 a ton after falling 2 percent yesterday.

    www.bloomberg.com



 
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