Technical Analysis For Natural Gas Today 29-08-2019 23:00:04


In 1 hour chart Natural Gas price continues to trade at 165.8 and above the (Exponential Moving Average)EMA200 value of 157.174 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 157.174 is proving a tough nut to crack.

Pivot (invalidation): 161.133

Our preference: Long positions above 164.667

Alternative scenario: Below 158.367 look for further downside.

Support Resistance Levels For Natural Gas Today at 29-08-2019 23:00:04

Pivot: 161.133

Resistance 1: 164.667

Resistance 2: 167.433

Resistance 3: 170.967

Support 1: 158.367

Support 2: 154.833

Support 3: 152.067

Yesterday High Low Close For Natural Gas

Yesterday High: 163.9

Yesterday Low: 157.6

Yesterday Close: 161.9

Today at 29-08-2019 23:00:04 Natural Gas trading at 165.8 with high of 166.4 and low of 160.3

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