Aluminium Trend Today Technical Analysis for 09-10-2019 21:00:05


In 1 hour chart Aluminium price continues to trade at 135.3 and below the (Exponential Moving Average)EMA200 value of 135.81 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell 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 135.81 is proving a tough nut to crack.

Pivot (invalidation): 135.583

Our preference: Long positions above 136.117

Alternative scenario: Below 135.067 look for further downside.

Support Resistance Levels For Aluminium Today at 09-10-2019 21:00:05

Pivot: 135.583

Resistance 1: 136.117

Resistance 2: 136.633

Resistance 3: 137.167

Support 1: 135.067

Support 2: 134.533

Support 3: 134.017

Yesterday High Low Close For Aluminium

Yesterday High: 136.1

Yesterday Low: 135.05

Yesterday Close: 135.6

Today at 09-10-2019 21:00:05 Aluminium trading at 135.3 with high of 135.7 and low of 135

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