Technical Analysis For Nickel Today 16-07-2019 16:00:04

In 1 hour chart Nickel price continues to trade at 958.8 and above the (Exponential Moving Average)EMA200 value of 905.002 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 905.002 is proving a tough nut to crack.

Pivot (invalidation): 939.833

Our preference: Long positions above 951.567

Alternative scenario: Below 932.967 look for further downside.

Support Resistance Levels For Nickel Today at 16-07-2019 16:00:04

Pivot: 939.833

Resistance 1: 951.567

Resistance 2: 958.433

Resistance 3: 970.167

Support 1: 932.967

Support 2: 921.233

Support 3: 914.367

Yesterday High Low Close For Nickel

Yesterday High: 946.7

Yesterday Low: 928.1

Yesterday Close: 944.7

Today at 16-07-2019 16:00:04 Nickel trading at 958.8 with high of 965.3 and low of 943.2

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