Technical Analysis For Nickel Today 11-07-2019 17:00:03

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In 1 hour chart Nickel price continues to trade at 916.5 and above the (Exponential Moving Average)EMA200 value of 890.379 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 Nickel continues to trade above level, that could be an extraordinarily Bullish sign for Nickel

Even so, the 200-candle Exponential moving average (EMA) price range of 890.379 is proving a tough nut to crack.

Pivot (invalidation): 912.267

Our preference: Long positions above 919.533

Alternative scenario: Below 908.033 look for further downside.

Support Resistance Levels For Nickel Today at 11-07-2019 17:00:03

Pivot: 912.267

Resistance 1: 919.533

Resistance 2: 923.767

Resistance 3: 931.033

Support 1: 908.033

Support 2: 900.767

Support 3: 896.533

Yesterday High Low Close For Nickel

Yesterday High: 916.5

Yesterday Low: 905

Yesterday Close: 915.3

Today at 11-07-2019 17:00:03 Nickel trading at 916.5 with high of 919.6 and low of 912.9

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