Zinc Trend Today Technical Analysis for 13-02-2020 19:00:04


In 1 hour chart Zinc price continues to trade at 168.65 and below the (Exponential Moving Average)EMA200 value of 172.062 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 172.062 is proving a tough nut to crack.

Pivot (invalidation): 168.05

Our preference: Long positions above 168.9

Alternative scenario: Below 167.35 look for further downside.

Support Resistance Levels For Zinc Today at 13-02-2020 19:00:04

Pivot: 168.05

Resistance 1: 168.9

Resistance 2: 169.6

Resistance 3: 170.45

Support 1: 167.35

Support 2: 166.5

Support 3: 165.8

Yesterday High Low Close For Zinc

Yesterday High: 168.75

Yesterday Low: 167.2

Yesterday Close: 168.2

Today at 13-02-2020 19:00:04 Zinc trading at 168.65 with high of 168.95 and low of 167.7

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