ZINC Technical outlook :

Zinc daily chart continues in “Rising wedge” pattern. The last few sessions ended up consolidated near the channel’s support slope line. The market is expected retest the support level and turn bullish once again, testing all the way through 220-221 levels in the upcoming sessions. Alternatively, if the market breaks below the short-term Support level holding at 218 then it might continue in bearish. Resistance holds at 221 and previous resistance become as additional support at 216.50.

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