There is a tendency for zinc to follow the general metals complex - particularly copper which is going through a bit of a breather.
At this point I see little reason to be concerned. We have recently enjoy a very strong sustained bullish run eg copper up from 2.40s to 3.80s. To me the charts still suggest that run is intact. I could see copper going back to low 3s without jeopardising that trend and I think zinc won't go much further.
Add to My Watchlist
What is My Watchlist?