Technical Analysis For Natural Gas Today 30-08-2019 16:00:04


In 1 hour chart Natural Gas price continues to trade at 163.9 and above the (Exponential Moving Average)EMA200 value of 157.74 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 157.74 is proving a tough nut to crack.

Pivot (invalidation): 164.233

Our preference: Long positions above 168.167

Alternative scenario: Below 162.067 look for further downside.

Support Resistance Levels For Natural Gas Today at 30-08-2019 16:00:04

Pivot: 164.233

Resistance 1: 168.167

Resistance 2: 170.333

Resistance 3: 174.267

Support 1: 162.067

Support 2: 158.133

Support 3: 155.967

Yesterday High Low Close For Natural Gas

Yesterday High: 166.4

Yesterday Low: 160.3

Yesterday Close: 166

Today at 30-08-2019 16:00:04 Natural Gas trading at 163.9 with high of 165 and low of 163.5

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