Technical Analysis For Zinc Today 15-07-2019 22:00:04

In 1 hour chart Zinc price continues to trade at 194.25 and below the (Exponential Moving Average)EMA200 value of 195.604 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell 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 195.604 is proving a tough nut to crack.

Pivot (invalidation): 193.35

Our preference: Long positions above 194.85

Alternative scenario: Below 192.5 look for further downside.

Support Resistance Levels For Zinc Today at 15-07-2019 22:00:04

Pivot: 193.35

Resistance 1: 194.85

Resistance 2: 195.7

Resistance 3: 197.2

Support 1: 192.5

Support 2: 191

Support 3: 190.15

Yesterday High Low Close For Zinc

Yesterday High: 194.2

Yesterday Low: 191.85

Yesterday Close: 194

Today at 15-07-2019 22:00:04 Zinc trading at 194.25 with high of 194.7 and low of 193

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