Technical Analysis For Aluminium Today 15-07-2019 14:00:03
by wealthmann
July 15, 2019
79
In 1 hour chart Aluminium price continues to trade at 142.6 and above the (Exponential Moving Average)EMA200 value of 142.398 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 142.398 is proving a tough nut to crack.
Pivot (invalidation): 142.25