Technical Analysis For Nickel Today 12-07-2019 12:00:03
by wealthmann
July 12, 2019
51
In 1 hour chart Nickel price continues to trade at 912.8 and above the (Exponential Moving Average)EMA200 value of 892.732 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 892.732 is proving a tough nut to crack.
Pivot (invalidation): 915.267