Natural Gas Trend Today Technical Analysis for 12-11-2019 18:00:05


In 1 hour chart Natural Gas price continues to trade at 192 and above the (Exponential Moving Average)EMA200 value of 189.479 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 189.479 is proving a tough nut to crack.

Pivot (invalidation): 190.2

Our preference: Long positions above 192.5

Alternative scenario: Below 186.1 look for further downside.

Support Resistance Levels For Natural Gas Today at 12-11-2019 18:00:05

Pivot: 190.2

Resistance 1: 192.5

Resistance 2: 196.6

Resistance 3: 198.9

Support 1: 186.1

Support 2: 183.8

Support 3: 179.7

Yesterday High Low Close For Natural Gas

Yesterday High: 194.3

Yesterday Low: 187.9

Yesterday Close: 188.4

Today at 12-11-2019 18:00:05 Natural Gas trading at 192 with high of 192.3 and low of 190.7

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