In 1 hour chart Zinc price continues to trade at 184.85 and below the (Exponential Moving Average)EMA200 value of 187.734 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 187.734 is proving a tough nut to crack.
Pivot (invalidation): 186.55