Zinc Trend Today Technical Analysis for 06-11-2019 10:00:04


In 1 hour chart Zinc price continues to trade at 190.45 and above the (Exponential Moving Average)EMA200 value of 187.691 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell 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 187.691 is proving a tough nut to crack.

Pivot (invalidation): 190.617

Our preference: Long positions above 191.633

Alternative scenario: Below 188.683 look for further downside.

Support Resistance Levels For Zinc Today at 06-11-2019 10:00:04

Pivot: 190.617

Resistance 1: 191.633

Resistance 2: 193.567

Resistance 3: 194.583

Support 1: 188.683

Support 2: 187.667

Support 3: 185.733

Yesterday High Low Close For Zinc

Yesterday High: 192.55

Yesterday Low: 189.6

Yesterday Close: 189.7

Today at 06-11-2019 10:00:04 Zinc trading at 190.45 with high of 190.6 and low of 190

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