Natural Gas Trend Today Technical Analysis for 05-11-2019 12:00:04


In 1 hour chart Natural Gas price continues to trade at 203.8 and above the (Exponential Moving Average)EMA200 value of 180.011 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 180.011 is proving a tough nut to crack.

Pivot (invalidation): 198.767

Our preference: Long positions above 203.133

Alternative scenario: Below 196.233 look for further downside.

Support Resistance Levels For Natural Gas Today at 05-11-2019 12:00:04

Pivot: 198.767

Resistance 1: 203.133

Resistance 2: 205.667

Resistance 3: 210.033

Support 1: 196.233

Support 2: 191.867

Support 3: 189.333

Yesterday High Low Close For Natural Gas

Yesterday High: 201.3

Yesterday Low: 194.4

Yesterday Close: 200.6

Today at 05-11-2019 12:00:04 Natural Gas trading at 203.8 with high of 204 and low of 200.6

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