Natural Gas Trend Today Technical Analysis for 02-12-2019 17:00:05


In 1 hour chart Natural Gas price continues to trade at 169.5 and below the (Exponential Moving Average)EMA200 value of 182.217 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Natural Gas continues to trade below level, that could be an extraordinarily Bearish sign for Natural Gas

Even so, the 200-candle Exponential moving average (EMA) price range of 182.217 is proving a tough nut to crack.

Pivot (invalidation): 170.633

Our preference: Long positions above 174.567

Alternative scenario: Below 162.767 look for further downside.

Support Resistance Levels For Natural Gas Today at 02-12-2019 17:00:05

Pivot: 170.633

Resistance 1: 174.567

Resistance 2: 182.433

Resistance 3: 186.367

Support 1: 162.767

Support 2: 158.833

Support 3: 150.967

Yesterday High Low Close For Natural Gas

Yesterday High: 178.5

Yesterday Low: 166.7

Yesterday Close: 166.7

Today at 02-12-2019 17:00:05 Natural Gas trading at 169.5 with high of 170.6 and low of 168.2

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