Technical Analysis For Aluminium Today 11-07-2019 17:00:03

In 1 hour chart Aluminium price continues to trade at 143.2 and above the (Exponential Moving Average)EMA200 value of 142.421 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Aluminium continues to trade above level, that could be an extraordinarily Bullish sign for Aluminium

Even so, the 200-candle Exponential moving average (EMA) price range of 142.421 is proving a tough nut to crack.

Pivot (invalidation): 143.717

Our preference: Long positions above 144.783

Alternative scenario: Below 143.083 look for further downside.

Support Resistance Levels For Aluminium Today at 11-07-2019 17:00:03

Pivot: 143.717

Resistance 1: 144.783

Resistance 2: 145.417

Resistance 3: 146.483

Support 1: 143.083

Support 2: 142.017

Support 3: 141.383

Yesterday High Low Close For Aluminium

Yesterday High: 144.35

Yesterday Low: 142.65

Yesterday Close: 144.15

Today at 11-07-2019 17:00:03 Aluminium trading at 143.2 with high of 144.05 and low of 143.1

Leave a Reply

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