Nickel Trend Today Technical Analysis for 04-11-2019 23:00:05


In 1 hour chart Nickel price continues to trade at 1176.6 and below the (Exponential Moving Average)EMA200 value of 1210.42 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 1210.42 is proving a tough nut to crack.

Pivot (invalidation): 1195.93

Our preference: Long positions above 1201.27

Alternative scenario: Below 1188.47 look for further downside.

Support Resistance Levels For Nickel Today at 04-11-2019 23:00:05

Pivot: 1195.93

Resistance 1: 1201.27

Resistance 2: 1208.73

Resistance 3: 1214.07

Support 1: 1188.47

Support 2: 1183.13

Support 3: 1175.67

Yesterday High Low Close For Nickel

Yesterday High: 1203.4

Yesterday Low: 1190.6

Yesterday Close: 1193.8

Today at 04-11-2019 23:00:05 Nickel trading at 1176.6 with high of 1199.5 and low of 1172.3

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