Zinc Trend Today Technical Analysis for 09-10-2019 21:00:05


In 1 hour chart Zinc price continues to trade at 182 and below the (Exponential Moving Average)EMA200 value of 182.044 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy 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 182.044 is proving a tough nut to crack.

Pivot (invalidation): 181

Our preference: Long positions above 182.3

Alternative scenario: Below 180.2 look for further downside.

Support Resistance Levels For Zinc Today at 09-10-2019 21:00:05

Pivot: 181

Resistance 1: 182.3

Resistance 2: 183.1

Resistance 3: 184.4

Support 1: 180.2

Support 2: 178.9

Support 3: 178.1

Yesterday High Low Close For Zinc

Yesterday High: 181.8

Yesterday Low: 179.7

Yesterday Close: 181.5

Today at 09-10-2019 21:00:05 Zinc trading at 182 with high of 182.2 and low of 180.5

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