ALUMINIUM is nearing a critical resistance zone that has consistently acted as a barrier for bullish momentum. This area aligns with prior supply levels and may attract seller interest.
If rejection patterns, such as bearish engulfing candles or long upper wicks, appear, I anticipate a move toward 2,600. A break above this resistance could indicate a shift in sentiment.
What you should monitor closely is confirmation before entering short positions. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!