In 1 hour chart Natural Gas price continues to trade at 165.5 and above the (Exponential Moving Average)EMA200 value of 163.081 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell 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 163.081 is proving a tough nut to crack.
Pivot (invalidation): 166.7