Nickel pushes up against March top in the $15820 area. All the force indicators on different time frames are in maximum phase, suggesting the possible break up of $15820. Further next targets are identified in $16000-$16500.

For more information on a fundamental basis we recommend reading the following articles:

Nickel and copper close to new top on China force

Indonesia sees Chinese companies lead the “commitment” to nickel investment for 35 billion dollars