Technical Analysis For Natural Gas Today 17-07-2019 13:00:04
In 1 hour chart Natural Gas price continues to trade at 159.8 and below the (Exponential Moving Average)EMA200 value of 163.553 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy 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 163.553 is proving a tough nut to crack.
Pivot (invalidation): 160.767
Our preference: Long positions above 163.233
Alternative scenario: Below 156.333 look for further downside.
Support Resistance Levels For Natural Gas Today at 17-07-2019 13:00:04
Pivot: 160.767
Resistance 1: 163.233
Resistance 2: 167.667
Resistance 3: 170.133
Support 1: 156.333
Support 2: 153.867
Support 3: 149.433
Yesterday High Low Close For Natural Gas
Yesterday High: 165.2
Yesterday Low: 158.3
Yesterday Close: 158.8
Today at 17-07-2019 13:00:04 Natural Gas trading at 159.8 with high of 160.6 and low of 159.6
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