Natural Gas Trend Today Technical Analysis for 16-01-2020 11:00:03

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In 1 hour chart Natural Gas price continues to trade at 155.3 and below the (Exponential Moving Average)EMA200 value of 159.143 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 159.143 is proving a tough nut to crack.

Pivot (invalidation): 153.3

Our preference: Long positions above 156.3

Alternative scenario: Below 150.7 look for further downside.

Support Resistance Levels For Natural Gas Today at 16-01-2020 11:00:03

Pivot: 153.3

Resistance 1: 156.3

Resistance 2: 158.9

Resistance 3: 161.9

Support 1: 150.7

Support 2: 147.7

Support 3: 145.1

Yesterday High Low Close For Natural Gas

Yesterday High: 155.9

Yesterday Low: 150.3

Yesterday Close: 153.7

Today at 16-01-2020 11:00:03 Natural Gas trading at 155.3 with high of 155.6 and low of 154.2

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