In 1 hour chart Nickel price continues to trade at 938.5 and above the (Exponential Moving Average)EMA200 value of 896.467 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 896.467 is proving a tough nut to crack.
Pivot (invalidation): 925.767