Technical Analysis For Aluminium Today 14-08-2019 23:00:04


In 1 hour chart Aluminium price continues to trade at 140.95 and above the (Exponential Moving Average)EMA200 value of 140.547 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 140.547 is proving a tough nut to crack.

Pivot (invalidation): 140.567

Our preference: Long positions above 141.333

Alternative scenario: Below 139.933 look for further downside.

Support Resistance Levels For Aluminium Today at 14-08-2019 23:00:04

Pivot: 140.567

Resistance 1: 141.333

Resistance 2: 141.967

Resistance 3: 142.733

Support 1: 139.933

Support 2: 139.167

Support 3: 138.533

Yesterday High Low Close For Aluminium

Yesterday High: 141.2

Yesterday Low: 139.8

Yesterday Close: 140.7

Today at 14-08-2019 23:00:04 Aluminium trading at 140.95 with high of 141.25 and low of 140.15

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