Technical Analysis For Zinc Today 14-08-2019 19:00:03


In 1 hour chart Zinc price continues to trade at 184.35 and below the (Exponential Moving Average)EMA200 value of 187.763 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 187.763 is proving a tough nut to crack.

Pivot (invalidation): 186.55

Our preference: Long positions above 189.2

Alternative scenario: Below 184.55 look for further downside.

Support Resistance Levels For Zinc Today at 14-08-2019 19:00:03

Pivot: 186.55

Resistance 1: 189.2

Resistance 2: 191.2

Resistance 3: 193.85

Support 1: 184.55

Support 2: 181.9

Support 3: 179.9

Yesterday High Low Close For Zinc

Yesterday High: 188.55

Yesterday Low: 183.9

Yesterday Close: 187.2

Today at 14-08-2019 19:00:03 Zinc trading at 184.35 with high of 187.55 and low of 184.25

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