Aluminium Trend Today Technical Analysis for 03-12-2019 19:00:04


In 1 hour chart Aluminium price continues to trade at 134.5 and above the (Exponential Moving Average)EMA200 value of 131.98 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 131.98 is proving a tough nut to crack.

Pivot (invalidation): 134.15

Our preference: Long positions above 135.2

Alternative scenario: Below 133.55 look for further downside.

Support Resistance Levels For Aluminium Today at 03-12-2019 19:00:04

Pivot: 134.15

Resistance 1: 135.2

Resistance 2: 135.8

Resistance 3: 136.85

Support 1: 133.55

Support 2: 132.5

Support 3: 131.9

Yesterday High Low Close For Aluminium

Yesterday High: 134.75

Yesterday Low: 133.1

Yesterday Close: 134.6

Today at 03-12-2019 19:00:04 Aluminium trading at 134.5 with high of 134.9 and low of 134.1

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.