Natural Gas Trend Today Technical Analysis for 04-12-2019 10:00:03
In 1 hour chart Natural Gas price continues to trade at 176.2 and below the (Exponential Moving Average)EMA200 value of 179.998 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 179.998 is proving a tough nut to crack.
Pivot (invalidation): 175.933
Our preference: Long positions above 183.467
Alternative scenario: Below 171.367 look for further downside.
Support Resistance Levels For Natural Gas Today at 04-12-2019 10:00:03
Pivot: 175.933
Resistance 1: 183.467
Resistance 2: 188.033
Resistance 3: 195.567
Support 1: 171.367
Support 2: 163.833
Support 3: 159.267
Yesterday High Low Close For Natural Gas
Yesterday High: 180.5
Yesterday Low: 168.4
Yesterday Close: 178.9
Today at 04-12-2019 10:00:03 Natural Gas trading at 176.2 with high of 177.4 and low of 176.1
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