NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1150 R1-1140 S1-1115 S2-1100
Nickel ended with gains as a jump in home building fueled speculation that demand will accelerate.
The modest increase in CPI dovetailed with expectations and reduced pressures for the US Federal Reserve to raise interest rates.
The U.S. central bank is expected to raise rates in the middle of next year, depending on the strength of the economy.
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