Nickel Trend Today Technical Analysis for 09-10-2019 21:00:05


In 1 hour chart Nickel price continues to trade at 1243.8 and below the (Exponential Moving Average)EMA200 value of 1248.61 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Nickel continues to trade below level, that could be an extraordinarily Bearish sign for Nickel

Even so, the 200-candle Exponential moving average (EMA) price range of 1248.61 is proving a tough nut to crack.

Pivot (invalidation): 1252.17

Our preference: Long positions above 1257.33

Alternative scenario: Below 1247.23 look for further downside.

Support Resistance Levels For Nickel Today at 09-10-2019 21:00:05

Pivot: 1252.17

Resistance 1: 1257.33

Resistance 2: 1262.27

Resistance 3: 1267.43

Support 1: 1247.23

Support 2: 1242.07

Support 3: 1237.13

Yesterday High Low Close For Nickel

Yesterday High: 1257.1

Yesterday Low: 1247

Yesterday Close: 1252.4

Today at 09-10-2019 21:00:05 Nickel trading at 1243.8 with high of 1261 and low of 1239.6

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