Zinc Trend Today Technical Analysis for 11-02-2020 21:00:03


In 1 hour chart Zinc price continues to trade at 168.15 and below the (Exponential Moving Average)EMA200 value of 173.445 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 173.445 is proving a tough nut to crack.

Pivot (invalidation): 168.367

Our preference: Long positions above 170.383

Alternative scenario: Below 165.883 look for further downside.

Support Resistance Levels For Zinc Today at 11-02-2020 21:00:03

Pivot: 168.367

Resistance 1: 170.383

Resistance 2: 172.867

Resistance 3: 174.883

Support 1: 165.883

Support 2: 163.867

Support 3: 161.383

Yesterday High Low Close For Zinc

Yesterday High: 170.85

Yesterday Low: 166.35

Yesterday Close: 167.9

Today at 11-02-2020 21:00:03 Zinc trading at 168.15 with high of 169 and low of 166.8

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