Zinc prices have been consolidating around the resistance level of 123.20 for the past few sessions according to the technical view. If zinc is able to sustain above this resistance level, it could lead prices higher towards the next resistance level of 124. The technical view provides analysis of zinc and other commodity prices and identifies current and next resistance levels.

1. 28 MAY 14
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2. PIVOT TABLE
TECHNICAL VIEW
ZINC
COMMODITIES S1 S2 S3 R1 R2 R3
GOLD 26850 26650 26500 27100 27290 27525
SILVER 40200 40000 39750 40480 40680 40880
CRUDEOIL 6115 6090 6060 6170 6200 6230
COPPER 413.50 411.50 409.70 416.75 418.80 421
Zinc on its daily chart is consolidating around the resistance of 123.20 since from last few sessions.
If it sustains above this then it may lead towards next resistance of 124.

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