Natural Gas Trend Today Technical Analysis for 08-11-2019 23:00:05

wp-header-logo-1082.png

In 1 hour chart Natural Gas price continues to trade at 200 and above the (Exponential Moving Average)EMA200 value of 189.084 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 189.084 is proving a tough nut to crack.

Pivot (invalidation): 199.3

Our preference: Long positions above 202.6

Alternative scenario: Below 194 look for further downside.

Support Resistance Levels For Natural Gas Today at 08-11-2019 23:00:05

Pivot: 199.3

Resistance 1: 202.6

Resistance 2: 207.9

Resistance 3: 211.2

Support 1: 194

Support 2: 190.7

Support 3: 185.4

Yesterday High Low Close For Natural Gas

Yesterday High: 204.6

Yesterday Low: 196

Yesterday Close: 197.3

Today at 08-11-2019 23:00:05 Natural Gas trading at 200 with high of 201.6 and low of 196.7

Leave a Reply

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