Technical Analysis For Aluminium Today 11-09-2019 15:00:04


In 1 hour chart Aluminium price continues to trade at 140.7 and above the (Exponential Moving Average)EMA200 value of 139.596 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 139.596 is proving a tough nut to crack.

Pivot (invalidation): 140.767

Our preference: Long positions above 141.033

Alternative scenario: Below 140.483 look for further downside.

Support Resistance Levels For Aluminium Today at 11-09-2019 15:00:04

Pivot: 140.767

Resistance 1: 141.033

Resistance 2: 141.317

Resistance 3: 141.583

Support 1: 140.483

Support 2: 140.217

Support 3: 139.933

Yesterday High Low Close For Aluminium

Yesterday High: 141.05

Yesterday Low: 140.5

Yesterday Close: 140.75

Today at 11-09-2019 15:00:04 Aluminium trading at 140.7 with high of 141.05 and low of 140.4

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