ZINC LME Tips and Forecast – Below 2566 Down Side Target 2520—2460 – Neal Bhai Reports

Some commodity traders have ramped up withdrawals of zinc from London Metal Exchange warehouses in recent months. However, the drawdowns may not be to fulfill customers’ spot demand, which is almost non-existent, multiple sources and traders told Fastmarkets. Zinc stocks in LME warehouses in Asia have dwindled to as little as 41,950 tonnes as of Monday September 29. This is the lowest level since April 2023.

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Commodities Weekly Forecast 29-10-18 To 02-11-18 – Neal Bhai Reports

Weekly Research Report

Commodities Weekly Forecast 29-10-18 To 02-11-18 – Neal Bhai Reports – Live Commodities Weekly Forecast price and stock news, free commodities weekly report, spot market prices, free live gold price/rate in India, free mcx tips, crude oil price, silver price, metal prices and commodity trading tips and information at GoldSilverReports.com

Spot WTI Crude Technical Analysis October 24, 2018

Crude oil suffered heavy losses in the previous day and closed near the day low. The sudden bearish breakout turns the trend into bearish. Fortunately, no lower low printed on weekly basis, the price needs to move below $64.40 to print a lower low.

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Spot Gold Technical Analysis October 24, 2018

We have an early celebration on the gold jump in the previous day. Unfortunately, the precious metal drifted lower before the close of the day and settled just at $1,230. It means no breakout and today the bull has trouble to break the resistance level.

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