In 1 hour chart Zinc price continues to trade at 195.85 and above the (Exponential Moving Average)EMA200 value of 195.335 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 195.335 is proving a tough nut to crack.
Pivot (invalidation): 194.417