Wednesday, October 31, 2012

Zinc‏ (LME) intraday: key ST resistance at 1847


Pivot: 1847.0
Our preference: SHORT  positions below 1847 with targets @ 1816 & 1805.
Alternative scenario: The upside penetration of 1847 will call for a rebound towards 1874 & 1890.
Comment: the RSI is mixed and calls for caution.


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