Technical Analysis For Zinc Today 13-08-2019 23:00:04


In 1 hour chart Zinc price continues to trade at 188.05 and above the (Exponential Moving Average)EMA200 value of 187.961 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 187.961 is proving a tough nut to crack.

Pivot (invalidation): 184.6

Our preference: Long positions above 186.25

Alternative scenario: Below 183.35 look for further downside.

Support Resistance Levels For Zinc Today at 13-08-2019 23:00:04

Pivot: 184.6

Resistance 1: 186.25

Resistance 2: 187.5

Resistance 3: 189.15

Support 1: 183.35

Support 2: 181.7

Support 3: 180.45

Yesterday High Low Close For Zinc

Yesterday High: 185.85

Yesterday Low: 182.95

Yesterday Close: 185

Today at 13-08-2019 23:00:04 Zinc trading at 188.05 with high of 188.55 and low of 183.9

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