My Dear Robbers / Traders, This is our master plan to Heist XAL/USD Aluminium based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain...
Based on technical pattern, and production cost for Aluminum, the current price is in a very low risk zone to buy... Price targets are clear based on the technical analysis... 1990 can be a good SL...
The metal was spotted in a corrective phase to a prior 5 wave rise it had displayed from Oct 2023-Nov 2023. The corrective structure still looks incomplete though.2200 is the support area for this commodity and also the area from which the next leg up towards 2350 is expected to begin. You can also witness the classis price-volume relation on this chart. Volume...
Aluminium trend short Aluminium prices have fallen over 10% since late January, which originally saw prices spike above HKEX:2 ,600 per tonne as the ending of Covid-19 restrictions in China saw demand for the metal rise. Prior to this aluminium prices had dropped about 40% below record levels in late November 2022 due to weak demand outlook for the industrial...