Technical Analysis For Aluminium Today 11-07-2019 21:00:03
by wealthmann
July 11, 2019
105
In 1 hour chart Aluminium price continues to trade at 142.55 and above the (Exponential Moving Average)EMA200 value of 142.433 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 142.433 is proving a tough nut to crack.
Pivot (invalidation): 143.717