Aluminium Trend Today Technical Analysis for 11-10-2019 21:00:05


In 1 hour chart Aluminium price continues to trade at 134 and below the (Exponential Moving Average)EMA200 value of 135.632 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 135.632 is proving a tough nut to crack.

Pivot (invalidation): 135.483

Our preference: Long positions above 135.817

Alternative scenario: Below 134.967 look for further downside.

Support Resistance Levels For Aluminium Today at 11-10-2019 21:00:05

Pivot: 135.483

Resistance 1: 135.817

Resistance 2: 136.333

Resistance 3: 136.667

Support 1: 134.967

Support 2: 134.633

Support 3: 134.117

Yesterday High Low Close For Aluminium

Yesterday High: 136

Yesterday Low: 135.15

Yesterday Close: 135.3

Today at 11-10-2019 21:00:05 Aluminium trading at 134 with high of 135.4 and low of 134

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