Highlights

  • Zinc futures traded at 415.70 on 3 November 2026, declining −2.35 (−0.56%).
  • The session opened at 414.95 and reached a high of 415.90.
  • The session low stood at 414.20, according to the displayed chart.
  • The chart placed the latest price marginally above the displayed SMA of 415.02.
  • The RSI registered 49.22, while its displayed comparison line stood at 49.49.
  • The Daily Chart showed an advance through September followed by more sideways trading into November.

Zinc futures edged lower on 3 November 2026, with the TradingView daily chart showing a latest price of 415.70, down −2.35 (−0.56%). The contract opened at 414.95 before trading between 414.20 and 415.90. The latest print remained just above the chart’s displayed simple moving average, while the relative strength index sat below the midpoint of its scale. Together, those readings describe a market that has eased from its earlier upward run and is now trading around a closely watched short-term reference line.

A Lower Session After an Earlier Climb

The chart traces a substantial upward progression from the late-March area through the September highs. Following that advance, daily candles became more clustered in October and early November, with intermittent moves in either direction rather than an uninterrupted rise. The latest session added a modest decline to that more mixed pattern.

At 415.70, the displayed last price was below the session high of 415.90 but above the session low of 414.20. The opening price of 414.95 provides a separate reference for how the Trading session developed. These are charted trading observations, not evidence of a particular change in physical zinc consumption or supply.

Source chart, November 3 2026

Price Action Turns More Measured

The strongest visual stretch of the advance occurs between midsummer and September, when the chart repeatedly marked higher trading areas. Later candles show the market moving away from those peaks and spending more time around a narrower band. The early-November quote sits within that subsequent trading region rather than near the chart’s highest point.

The supplied material does not include exchange inventory figures, output reports, Import or export data, interest-rate announcements or currency-market releases. As a result, the latest move cannot be attributed to any specific fundamental or macroeconomic event on the available evidence. The price series and chart indicators remain the basis for the current assessment.

Technical Outlook: Zinc

The latest charted price was 415.70, against an opening price of 414.95, a session high of 415.90 and a session low of 414.20. The displayed SMA read 415.02, placing the latest price slightly above that line. This comparison indicates that price is holding just over the plotted average, without establishing the duration of the average because the chart does not state its calculation period.

The RSI stood at 49.22, with a second displayed RSI-panel reading of 49.49. An RSI below 50 is consistent with comparatively subdued momentum on this indicator, while its proximity to the midpoint does not alone establish an oversold or overbought condition. The chart does not specify the RSI lookback period, so no period designation has been assumed.

Key Levels to Watch

The visible session low of 414.20 and high of 415.90 provide immediate observed trading references, but the supplied chart does not designate either as a formal support or resistance level. Likewise, the SMA at 415.02 is a moving-average reference, not a confirmed support level. Any discussion of further support or resistance would require explicit values that have not been provided.

Summary

Zinc futures declined −0.56% to 415.70 on the 3 November 2026 chart. The latest quote remained above the displayed SMA of 415.02, while the RSI of 49.22 reflected momentum just below its midpoint. The chart points to a more contained trading phase following an earlier advance, without identifying a fundamental catalyst for the day’s move.