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[brief Review of Zinc in SMM period] the pattern of zinc harvested in Shanghai within days is near weak and far strong.
Oct 31,2019 17:14CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, 31st:

 

Intraday Shanghai zinc main force 1912 contract opened at 19025 yuan / ton, at the beginning of the day Shanghai zinc short finishing operation, the bulls quickly left the market to suppress the zinc price, Shanghai zinc fell down 18900 yuan / ton, then empty into Duoping Shanghai zinc steadily rebounded, during the attempt to detect the daily average pressing force failed to line, the tail of the small upward. It closed down at 18995 yuan / ton, down 105 yuan / ton, or 0.55%. The trading volume increased by 23570 hands to 248000 hands, and the position decreased by 13036 hands to 175000 hands. Within the day, Shanghai zinc recorded three consecutive shadows, with a long shadow line under the 10-day moving average, within the day 010203 contract cumulative increase of more than 10,000 hands, the main reduction is mainly long, near weak and far strong pattern gradually stronger, at night or still around the 5-day moving average.

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