Technical Analysis For Nickel Today 13-09-2019 13:00:03

wp-header-logo-1411.png

In 1 hour chart Nickel price continues to trade at 1261.5 and above the (Exponential Moving Average)EMA200 value of 1220.64 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 1220.64 is proving a tough nut to crack.

Pivot (invalidation): 1259.33

Our preference: Long positions above 1279.87

Alternative scenario: Below 1234.57 look for further downside.

Support Resistance Levels For Nickel Today at 13-09-2019 13:00:03

Pivot: 1259.33

Resistance 1: 1279.87

Resistance 2: 1304.63

Resistance 3: 1325.17

Support 1: 1234.57

Support 2: 1214.03

Support 3: 1189.27

Yesterday High Low Close For Nickel

Yesterday High: 1284.1

Yesterday Low: 1238.8

Yesterday Close: 1255.1

Today at 13-09-2019 13:00:03 Nickel trading at 1261.5 with high of 1262.5 and low of 1250.5

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.