Compatible is a relative term and has many levels.
It would certainly be usable in the M or manual flash mode.
The flash's manual indicates that this flash is compatible with the Nikon DTTL and old film TTL systems. The only Nikon dSLRs that are listed as compatible with this flash are the D1x and D100. Both of these cameras are known as not not being compatible with the Nikon CLS/AWS system or iTTL system.
It appears that the flash also has no optical trigger for off camera control.
Thom Hogan noted that the Metz 58 AF-2 supports I-TTL but says nothing regarding the unit you've mentioned. I would believe that to get the most out of your camera you'd be bettered served with a flash that is 100% compatible with the camera and internal unit. You can go to Nikon USA and find the ones that are recommended. Good luck!
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