Technical Analysis For Natural Gas Today 16-07-2019 13:00:04

In 1 hour chart Natural Gas price continues to trade at 164.3 and above the (Exponential Moving Average)EMA200 value of 163.998 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 163.998 is proving a tough nut to crack.

Pivot (invalidation): 165.567

Our preference: Long positions above 167.333

Alternative scenario: Below 163.233 look for further downside.

Support Resistance Levels For Natural Gas Today at 16-07-2019 13:00:04

Pivot: 165.567

Resistance 1: 167.333

Resistance 2: 169.667

Resistance 3: 171.433

Support 1: 163.233

Support 2: 161.467

Support 3: 159.133

Yesterday High Low Close For Natural Gas

Yesterday High: 167.9

Yesterday Low: 163.8

Yesterday Close: 165

Today at 16-07-2019 13:00:04 Natural Gas trading at 164.3 with high of 165.2 and low of 164.2

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