Aluminum -we are following with fundamentals for a great uptrend

Hi guys we would be looking into Aluminum - We are following up with the news coming from President Donald Trump, who would impose tarriffs on the imports of Aluminum and a few other pre cious metals.

The rising aluminium prices indicate strong global demand, driven by increasing industrial activity, infrastructure projects, and the growing shift towards lightweight, sustainable materials in automotive and aerospace industries. Supply constraints and energy costs further support this upward trend. This price surge benefits aluminium producers, investors, and economies reliant on its production, boosting revenues and encouraging further investment in the sector. Additionally, higher aluminium prices reflect a robust manufacturing landscape, reinforcing its essential role in modern construction, transportation, and green energy solutions.

We are sitting on a fantastic Ascending Channel, which will help us formulate our entry on the market and mark up our stop loss area.

Entry: 2,590
Target: 2,710

SL: based on your risk management recomendation would be on the strong sitting support area at 2,460

As always my friends happy trading!

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