MCX Zinc Anticipated Happened Elliott Wave Analysis
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQOH7L5ZZO_0gJV8swFsUxVr7Mxt-0r5v3SII5_HawxGK8lPcoP6dOnwE-5sehzm4DIa46SesO63gsydEj3p-9PEUjVJ0ZyXJdnU8J2M_PzBU7VsZwR5yRYZvcnIJ5BtyQHcPByKvOI0dY/s16000/zincfut.png)
MCX Zinc hourly continuous chart anticipated on 19th August 2021 MCX Zinc hourly continuous chart happened on 19th August 2021 In my previous update, I had mentioned that, " MCX Zinc is negatively poised over short term and can test the level of 244-243 levels." The base metal faltered in the opening session and tested the range mentioned, it made a low of 243.1 and reversed quickly- Anticipated Happened To check the previous article, you can click on the below given link https://www.marketanalysiswithmeghmody.com/2021/08/mcx-zinc-elliott-wave-analysis.html Prices have bounced from a crucial support range and can go through a relief rally or continue the uptrend. There are two possibilities from here which I can see Possibility 1 - Prices can now transcend into its previous high and convert into triple correction which will continue the wave (a) higher in the third correction (a-b-c-x-a-b-c-x-a-b-c) Possibility 2 - This is a part of correction either wave x or bigger correct