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Nickel Futures
Long
Dec 7, 2020
Nickel's Strong Buy Signal for Short-Term
4
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1
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According to this chart, nickel is further advance. Once it breaks the hurdle, it will start marching for
1260 - 1280 - 1300
levels.
Hurdle:
1236
Whenever it hits the hurdle level, what will happen? Here, it will act as resistance. We may see reversal up to the support line (
1212 - 1180
).
Short-term investors can continue position for the above targets.
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