Aluminium Trend Today Technical Analysis for 06-11-2019 15:00:04


In 1 hour chart Aluminium price continues to trade at 134.6 and above the (Exponential Moving Average)EMA200 value of 132.627 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 132.627 is proving a tough nut to crack.

Pivot (invalidation): 133.917

Our preference: Long positions above 134.333

Alternative scenario: Below 133.533 look for further downside.

Support Resistance Levels For Aluminium Today at 06-11-2019 15:00:04

Pivot: 133.917

Resistance 1: 134.333

Resistance 2: 134.717

Resistance 3: 135.133

Support 1: 133.533

Support 2: 133.117

Support 3: 132.733

Yesterday High Low Close For Aluminium

Yesterday High: 134.3

Yesterday Low: 133.5

Yesterday Close: 133.95

Today at 06-11-2019 15:00:04 Aluminium trading at 134.6 with high of 134.65 and low of 134.05

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