Zinc Trend Today Technical Analysis for 03-12-2019 12:00:03
by wealthmann
December 3, 2019
12
In 1 hour chart Zinc price continues to trade at 182.5 and below the (Exponential Moving Average)EMA200 value of 188.213 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 188.213 is proving a tough nut to crack.
Pivot (invalidation): 183.267