Technical Analysis For Natural Gas Today 12-07-2019 11:00:03

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In 1 hour chart Natural Gas price continues to trade at 165.5 and above the (Exponential Moving Average)EMA200 value of 163.105 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 163.105 is proving a tough nut to crack.

Pivot (invalidation): 166.7

Our preference: Long positions above 168.9

Alternative scenario: Below 162.8 look for further downside.

Support Resistance Levels For Natural Gas Today at 12-07-2019 11:00:03

Pivot: 166.7

Resistance 1: 168.9

Resistance 2: 172.8

Resistance 3: 175

Support 1: 162.8

Support 2: 160.6

Support 3: 156.7

Yesterday High Low Close For Natural Gas

Yesterday High: 170.6

Yesterday Low: 164.5

Yesterday Close: 165

Today at 12-07-2019 11:00:03 Natural Gas trading at 165.5 with high of 165.9 and low of 165

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