Nickel Trend Today Technical Analysis for 11-10-2019 21:00:05


In 1 hour chart Nickel price continues to trade at 1252.3 and above the (Exponential Moving Average)EMA200 value of 1250.32 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 1250.32 is proving a tough nut to crack.

Pivot (invalidation): 1256.27

Our preference: Long positions above 1261.03

Alternative scenario: Below 1251.73 look for further downside.

Support Resistance Levels For Nickel Today at 11-10-2019 21:00:05

Pivot: 1256.27

Resistance 1: 1261.03

Resistance 2: 1265.57

Resistance 3: 1270.33

Support 1: 1251.73

Support 2: 1246.97

Support 3: 1242.43

Yesterday High Low Close For Nickel

Yesterday High: 1260.8

Yesterday Low: 1251.5

Yesterday Close: 1256.5

Today at 11-10-2019 21:00:05 Nickel trading at 1252.3 with high of 1267 and low of 1247.2

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