[Ferro-Alloys.com]Dec 15-19, LME nickel price took a sharp fall with a week high at 16860 and low at 15200, closing at 15600, down 6.45% during the week. The price continued to fall in the first four days of the week, and the price stopped declining on that Friday. On the day chart, the price are still running below MA89 in a downtrend channel, and the MA89 has reached 16793 up to last Friday. The price might go up to test MA89 again in the following week.

 

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