Technical Analysis For Natural Gas Today 17-07-2019 21:00:04

wp-header-logo-1345.png

In 1 hour chart Natural Gas price continues to trade at 160 and below the (Exponential Moving Average)EMA200 value of 163.294 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 163.294 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 21:00:04

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 21:00:04 Natural Gas trading at 160 with high of 161.9 and low of 159.5

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.