Technical Analysis For Zinc Today 18-07-2019 10:00:04

In 1 hour chart Zinc price continues to trade at 195.5 and above the (Exponential Moving Average)EMA200 value of 195.287 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Zinc continues to trade above level, that could be an extraordinarily Bullish sign for Zinc

Even so, the 200-candle Exponential moving average (EMA) price range of 195.287 is proving a tough nut to crack.

Pivot (invalidation): 194.417

Our preference: Long positions above 194.933

Alternative scenario: Below 193.683 look for further downside.

Support Resistance Levels For Zinc Today at 18-07-2019 10:00:04

Pivot: 194.417

Resistance 1: 194.933

Resistance 2: 195.667

Resistance 3: 196.183

Support 1: 193.683

Support 2: 193.167

Support 3: 192.433

Yesterday High Low Close For Zinc

Yesterday High: 195.15

Yesterday Low: 193.9

Yesterday Close: 194.2

Today at 18-07-2019 10:00:04 Zinc trading at 195.5 with high of 195.65 and low of 194.7

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