MCX Zinc Trend Update 1 Hour 16-10-2020 17:00:08 by SpiderSignals.com

MCX Zinc 1 Hour Trend Update 16-10-2020 17:00:08 by Spider Signals Call Now 9389717003 / 6399968940

At 16-10-2020 17:00:08 MCX Zinc trading at 192.9 with high of 193.1 and low of 192.7

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In 1 Hour MCX Zinc Chart as per Spider Signals AI Trend we can see the trend is Bearish

The MCX Zinc RSI (Relative strength index) 14 is trading at Range and value is 47.8

The MCX Zinc CCI (Commodity Channel index) 14 is trading at Range and value is -15.9

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In 1 Hour chart MCX Zinc price continues to trade at 192.9 and below the (Spider Signals AI Trend ) with value of 193.557 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if MCX Zinc continues to trade below 193.557 level, that could be an extraordinarily Bearish sign for MCX Zinc

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The expected trading range for MCX Zinc today is between 191.117 support and 196.067 resistance.

Pivot (invalidation): 192.833

Today MCX Zinc Support & Resistance Levels by Spider Signals

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MCX Zinc Pivot / Support / Resistance Values
MCX Zinc Pivot 192.833
MCX Zinc Support 1 191.117
MCX Zinc Support 2 187.883
MCX Zinc Support 3 186.167
MCX Zinc Resistance 1 196.067
MCX Zinc Resistance 2 197.783
MCX Zinc Resistance 3 201.017

Today till now @ 16-10-2020 17:00:08 MCX Zinc trading at 192.9 with high of 193.9 and low of 192.5

Yesterday MCX Zinc Closed at 194.35 with low of 189.6 and High of 194.55

This report is published by www.spidersignals.com using AI & Deep learning analysis

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