Technical Analysis For Nickel Today 23-07-2019 22:00:04

In 1 hour chart Nickel price continues to trade at 984 and above the (Exponential Moving Average)EMA200 value of 957.103 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 957.103 is proving a tough nut to crack.

Pivot (invalidation): 993.967

Our preference: Long positions above 1004.63

Alternative scenario: Below 975.933 look for further downside.

Support Resistance Levels For Nickel Today at 23-07-2019 22:00:04

Pivot: 993.967

Resistance 1: 1004.63

Resistance 2: 1022.67

Resistance 3: 1033.33

Support 1: 975.933

Support 2: 965.267

Support 3: 947.233

Yesterday High Low Close For Nickel

Yesterday High: 1012

Yesterday Low: 983.3

Yesterday Close: 986.6

Today at 23-07-2019 22:00:04 Nickel trading at 984 with high of 999 and low of 979

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