Technical Analysis For Zinc Today 11-09-2019 15:00:04


In 1 hour chart Zinc price continues to trade at 188.4 and above the (Exponential Moving Average)EMA200 value of 184.541 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 184.541 is proving a tough nut to crack.

Pivot (invalidation): 186.383

Our preference: Long positions above 188.567

Alternative scenario: Below 184.817 look for further downside.

Support Resistance Levels For Zinc Today at 11-09-2019 15:00:04

Pivot: 186.383

Resistance 1: 188.567

Resistance 2: 190.133

Resistance 3: 192.317

Support 1: 184.817

Support 2: 182.633

Support 3: 181.067

Yesterday High Low Close For Zinc

Yesterday High: 187.95

Yesterday Low: 184.2

Yesterday Close: 187

Today at 11-09-2019 15:00:04 Zinc trading at 188.4 with high of 188.6 and low of 187.3

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