Zinc Trend Today Technical Analysis for 04-11-2019 23:00:05


In 1 hour chart Zinc price continues to trade at 191.15 and above the (Exponential Moving Average)EMA200 value of 187.049 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 187.049 is proving a tough nut to crack.

Pivot (invalidation): 189.217

Our preference: Long positions above 190.683

Alternative scenario: Below 188.333 look for further downside.

Support Resistance Levels For Zinc Today at 04-11-2019 23:00:05

Pivot: 189.217

Resistance 1: 190.683

Resistance 2: 191.567

Resistance 3: 193.033

Support 1: 188.333

Support 2: 186.867

Support 3: 185.983

Yesterday High Low Close For Zinc

Yesterday High: 190.1

Yesterday Low: 187.75

Yesterday Close: 189.8

Today at 04-11-2019 23:00:05 Zinc trading at 191.15 with high of 191.75 and low of 189.75

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