NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1180 S1-1145 S2-1130
Nickel prices recovered on short covering after prices seen under pressure as trade data signaled prospects for less demand in China.
Nickel prices dropped as trade data signaled prospects for less demand in China.
Stocks are high, however, after years of overproduction, which the ban has yet to erode.
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