Aluminium Trend Today Technical Analysis for 11-11-2019 10:00:03


In 1 hour chart Aluminium price continues to trade at 135.5 and above the (Exponential Moving Average)EMA200 value of 133.427 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 133.427 is proving a tough nut to crack.

Pivot (invalidation): 135.533

Our preference: Long positions above 136.167

Alternative scenario: Below 135.067 look for further downside.

Support Resistance Levels For Aluminium Today at 11-11-2019 10:00:03

Pivot: 135.533

Resistance 1: 136.167

Resistance 2: 136.633

Resistance 3: 137.267

Support 1: 135.067

Support 2: 134.433

Support 3: 133.967

Yesterday High Low Close For Aluminium

Yesterday High: 136

Yesterday Low: 134.9

Yesterday Close: 135.7

Today at 11-11-2019 10:00:03 Aluminium trading at 135.5 with high of 135.7 and low of 135.4

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