Zinc Trend Today Technical Analysis for 13-02-2020 20:00:03


In 1 hour chart Zinc price continues to trade at 170 and below the (Exponential Moving Average)EMA200 value of 172.045 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 172.045 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 20:00:03

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 20:00:03 Zinc trading at 170 with high of 170.7 and low of 167.7

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.