Technical Analysis For Natural Gas Today 12-07-2019 19:00:03
by wealthmann
July 12, 2019
83
In 1 hour chart Natural Gas price continues to trade at 169.5 and above the (Exponential Moving Average)EMA200 value of 163.367 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 163.367 is proving a tough nut to crack.
Pivot (invalidation): 166.7