Technical Analysis For Natural Gas Today 12-07-2019 18:00:03

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In 1 hour chart Natural Gas price continues to trade at 167.5 and above the (Exponential Moving Average)EMA200 value of 163.306 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 163.306 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 18:00:03

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 18:00:03 Natural Gas trading at 167.5 with high of 167.8 and low of 165

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