MCX Nickel Trend Update 1 Hour 05-08-2020 22:00:05 by SpiderSignals.com

MCX Nickel 1 Hour Trend Update 05-08-2020 22:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 05-08-2020 22:00:05 MCX Nickel trading at 1088.8 with high of 1098.8 and low of 1086.1

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In 1 Hour MCX Nickel Chart as per Spider Signals AI Trend we can see the trend is Bullish

The MCX Nickel RSI (Relative strength index) 14 is trading at Range and value is 61.9

The MCX Nickel CCI (Commodity Channel index) 14 is trading at Range and value is 129.2

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In 1 Hour chart MCX Nickel price continues to trade at 1088.8 and above the (Spider Signals AI Trend ) with value of 1062.5 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if MCX Nickel continues to trade above 1062.5 level, that could be an extraordinarily Bullish sign for MCX Nickel

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The expected trading range for MCX Nickel today is between 1054.93 support and 1074.23 resistance.

Pivot (invalidation): 1064.37

Today MCX Nickel Support & Resistance Levels by Spider Signals

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MCX Nickel Pivot / Support / ResistanceValues
MCX Nickel Pivot 1064.37
MCX Nickel Support 1 1054.93
MCX Nickel Support 2 1045.07
MCX Nickel Support 3 1035.63
MCX Nickel Resistance 1 1074.23
MCX Nickel Resistance 2 1083.67
MCX Nickel Resistance 3 1093.53

Today till now @ 05-08-2020 22:00:05 MCX Nickel trading at 1088.8 with high of 1111.4 and low of 1067

Yesterday MCX Nickel Closed at 1064.8 with low of 1054.5 and High of 1073.8

This report is published by www.spidersignals.com using AI & Deep learning analysis

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