$ZEC is still looking very bullish, trading around $780 after recently hitting an 8-year high near $888.
The ETF launch and strong buying interest are keeping momentum high, but the rally is now quite stretched.
If ZEC holds the $750–$780 area, another move toward $900 could be possible.
#HKJulyGoldNetExportsToMainland56.193Tons #KazakhstanCutsOilOutputForecastTo96MTons #JapanNoAdditionalOilReserveReleaseInSepOct #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow
The ETF launch and strong buying interest are keeping momentum high, but the rally is now quite stretched.
If ZEC holds the $750–$780 area, another move toward $900 could be possible.
#HKJulyGoldNetExportsToMainland56.193Tons #KazakhstanCutsOilOutputForecastTo96MTons #JapanNoAdditionalOilReserveReleaseInSepOct #SamsungSKHynixLeveragedETFsPostFirstMonthlyOutflow
