Zinc Trend Today Technical Analysis for 14-02-2020 10:00:04


In 1 hour chart Zinc price continues to trade at 169.6 and below the (Exponential Moving Average)EMA200 value of 171.907 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 171.907 is proving a tough nut to crack.

Pivot (invalidation): 169.267

Our preference: Long positions above 170.833

Alternative scenario: Below 167.833 look for further downside.

Support Resistance Levels For Zinc Today at 14-02-2020 10:00:04

Pivot: 169.267

Resistance 1: 170.833

Resistance 2: 172.267

Resistance 3: 173.833

Support 1: 167.833

Support 2: 166.267

Support 3: 164.833

Yesterday High Low Close For Zinc

Yesterday High: 170.7

Yesterday Low: 167.7

Yesterday Close: 169.4

Today at 14-02-2020 10:00:04 Zinc trading at 169.6 with high of 169.7 and low of 169.25

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