NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1165 S1-1140 S2-1125
Nickel's gains were stoked by concerns over tightening supply amid Indonesia's continuing ban on exports of nickel ore.
Indonesia has no plans to wind back the seven-month-old ban on exports of unprocessed nickel.
Investors should keep a close eye on Germany’s preliminary Q2 GDP growth due for release on Thursday.
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