Technical Analysis For Zinc Today 11-07-2019 17:00:03
by wealthmann
July 11, 2019
69
In 1 hour chart Zinc price continues to trade at 192.55 and below the (Exponential Moving Average)EMA200 value of 196.491 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below
However, if Zinc continues to trade below level, that could be an extraordinarily Bearish sign for Zinc
Even so, the 200-candle Exponential moving average (EMA) price range of 196.491 is proving a tough nut to crack.
Pivot (invalidation): 192.4