Natural Gas Trend Today Technical Analysis for 16-01-2020 21:00:03


In 1 hour chart Natural Gas price continues to trade at 153 and below the (Exponential Moving Average)EMA200 value of 155.439 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 155.439 is proving a tough nut to crack.

Pivot (invalidation): 153.067

Our preference: Long positions above 156.733

Alternative scenario: Below 148.033 look for further downside.

Support Resistance Levels For Natural Gas Today at 16-01-2020 21:00:03

Pivot: 153.067

Resistance 1: 156.733

Resistance 2: 161.767

Resistance 3: 165.433

Support 1: 148.033

Support 2: 144.367

Support 3: 139.333

Yesterday High Low Close For Natural Gas

Yesterday High: 158.1

Yesterday Low: 149.4

Yesterday Close: 151.7

Today at 16-01-2020 21:00:03 Natural Gas trading at 153 with high of 153 and low of 150.3

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.