MCX Zinc Mini: The last wave has started
MCX Zinc Mini daily continuous contract Anticipated on 20th April 2020
MCX Zinc Mini daily continuous contract happened on 22nd April 2020
In my previous update dated on 20th April 2020, I had mentioned , "Zinc Mini has a hurdle at 155, as of now cautiously positive for this metal is advisable. Any move below 149 will infuse selling pressure dragging prices lower till 142."
Today in the opening session it made a low of 142 after breaking 149 yesterday- Anticipated Happened
Check out my previous article on Zinc Mini by clicking the below mentioned link.
Currently I think wave iv is over as it failed to cross 155 and tumbled, this means that wave v which is also the last leg or last wave of an impulse has started. The ongoing wave can falter till 127-125 levels in near to medium term.
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