Nickel Trend Today Technical Analysis for 11-11-2019 10:00:03


In 1 hour chart Nickel price continues to trade at 1163.3 and below the (Exponential Moving Average)EMA200 value of 1193.12 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 1193.12 is proving a tough nut to crack.

Pivot (invalidation): 1169.13

Our preference: Long positions above 1182.17

Alternative scenario: Below 1159.67 look for further downside.

Support Resistance Levels For Nickel Today at 11-11-2019 10:00:03

Pivot: 1169.13

Resistance 1: 1182.17

Resistance 2: 1191.63

Resistance 3: 1204.67

Support 1: 1159.67

Support 2: 1146.63

Support 3: 1137.17

Yesterday High Low Close For Nickel

Yesterday High: 1178.6

Yesterday Low: 1156.1

Yesterday Close: 1172.7

Today at 11-11-2019 10:00:03 Nickel trading at 1163.3 with high of 1165.5 and low of 1162.2

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