Technical Analysis For Natural Gas Today 11-07-2019 20:00:04
In 1 hour chart Natural Gas price continues to trade at 168.4 and above the (Exponential Moving Average)EMA200 value of 162.891 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Natural Gas continues to trade above level, that could be an extraordinarily Bullish sign for Natural Gas
Even so, the 200-candle Exponential moving average (EMA) price range of 162.891 is proving a tough nut to crack.
Pivot (invalidation): 167.933
Our preference: Long positions above 169.567
Alternative scenario: Below 165.267 look for further downside.
Support Resistance Levels For Natural Gas Today at 11-07-2019 20:00:04
Pivot: 167.933
Resistance 1: 169.567
Resistance 2: 172.233
Resistance 3: 173.867
Support 1: 165.267
Support 2: 163.633
Support 3: 160.967
Yesterday High Low Close For Natural Gas
Yesterday High: 170.6
Yesterday Low: 166.3
Yesterday Close: 166.9
Today at 11-07-2019 20:00:04 Natural Gas trading at 168.4 with high of 170 and low of 166.6
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