MONDAY
WEEKLY UPDATE
Nickel prices has once again given a breakdown below 890 levels, resistance for the
commodity is now at 890 and supports at 870 levels below 870 we expect prices to
test 850 levels immediately and any weekly close below 850 levels will bring
down the prices back to 795 levels.
Weekly Close :
Sell Nickel only below 870
with stops above 890
for targets 850 levels,
any close below 850 levels,
bring down the stops to cost for targets 825 and 800 levels.
