Technical Analysis For Zinc Today 16-07-2019 14:00:03
by wealthmann
July 16, 2019
0
In 1 hour chart Zinc price continues to trade at 194.25 and below the (Exponential Moving Average)EMA200 value of 195.495 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 195.495 is proving a tough nut to crack.
Pivot (invalidation): 193.9