Technical Analysis For Nickel Today 19-07-2019 18:00:03

In 1 hour chart Nickel price continues to trade at 998.5 and above the (Exponential Moving Average)EMA200 value of 941.56 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 941.56 is proving a tough nut to crack.

Pivot (invalidation): 1030.4

Our preference: Long positions above 1045.4

Alternative scenario: Below 1018 look for further downside.

Support Resistance Levels For Nickel Today at 19-07-2019 18:00:03

Pivot: 1030.4

Resistance 1: 1045.4

Resistance 2: 1057.8

Resistance 3: 1072.8

Support 1: 1018

Support 2: 1003

Support 3: 990.6

Yesterday High Low Close For Nickel

Yesterday High: 1042.8

Yesterday Low: 1015.4

Yesterday Close: 1033

Today at 19-07-2019 18:00:03 Nickel trading at 998.5 with high of 1043 and low of 992.9

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