Natural Gas Trend Today Technical Analysis for 03-12-2019 19:00:04
In 1 hour chart Natural Gas price continues to trade at 173.3 and below the (Exponential Moving Average)EMA200 value of 180.249 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 180.249 is proving a tough nut to crack.
Pivot (invalidation): 167.767
Our preference: Long positions above 170.833
Alternative scenario: Below 164.933 look for further downside.
Support Resistance Levels For Natural Gas Today at 03-12-2019 19:00:04
Pivot: 167.767
Resistance 1: 170.833
Resistance 2: 173.667
Resistance 3: 176.733
Support 1: 164.933
Support 2: 161.867
Support 3: 159.033
Yesterday High Low Close For Natural Gas
Yesterday High: 170.6
Yesterday Low: 164.7
Yesterday Close: 168
Today at 03-12-2019 19:00:04 Natural Gas trading at 173.3 with high of 174.5 and low of 168.4
Related