Technical Analysis For Aluminium Today 23-07-2019 16:00:03

In 1 hour chart Aluminium price continues to trade at 141.35 and below the (Exponential Moving Average)EMA200 value of 142.67 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Aluminium continues to trade below level, that could be an extraordinarily Bearish sign for Aluminium

Even so, the 200-candle Exponential moving average (EMA) price range of 142.67 is proving a tough nut to crack.

Pivot (invalidation): 141.867

Our preference: Long positions above 142.733

Alternative scenario: Below 140.633 look for further downside.

Support Resistance Levels For Aluminium Today at 23-07-2019 16:00:03

Pivot: 141.867

Resistance 1: 142.733

Resistance 2: 143.967

Resistance 3: 144.833

Support 1: 140.633

Support 2: 139.767

Support 3: 138.533

Yesterday High Low Close For Aluminium

Yesterday High: 143.1

Yesterday Low: 141

Yesterday Close: 141.5

Today at 23-07-2019 16:00:03 Aluminium trading at 141.35 with high of 141.65 and low of 141.2

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