Natural Gas Trend Today Technical Analysis for 04-12-2019 10:00:03
by wealthmann
December 4, 2019
7
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