Technical Analysis For Natural Gas Today 16-07-2019 19:00:04

In 1 hour chart Natural Gas price continues to trade at 160.4 and below the (Exponential Moving Average)EMA200 value of 163.918 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Natural Gas continues to trade below level, that could be an extraordinarily Bearish sign for Natural Gas

Even so, the 200-candle Exponential moving average (EMA) price range of 163.918 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 19:00:04

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 19:00:04 Natural Gas trading at 160.4 with high of 165.2 and low of 159.6

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