Nickel Trend Today Technical Analysis for 11-10-2019 22:00:04


In 1 hour chart Nickel price continues to trade at 1248.4 and below the (Exponential Moving Average)EMA200 value of 1250.3 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 1250.3 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 22:00:04

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 22:00:04 Nickel trading at 1248.4 with high of 1267 and low of 1245.6

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