Natural Gas Trend Today Technical Analysis for 11-02-2020 22:00:04


In 1 hour chart Natural Gas price continues to trade at 127.3 and below the (Exponential Moving Average)EMA200 value of 133.438 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 133.438 is proving a tough nut to crack.

Pivot (invalidation): 128.567

Our preference: Long positions above 130.933

Alternative scenario: Below 124.033 look for further downside.

Support Resistance Levels For Natural Gas Today at 11-02-2020 22:00:04

Pivot: 128.567

Resistance 1: 130.933

Resistance 2: 135.467

Resistance 3: 137.833

Support 1: 124.033

Support 2: 121.667

Support 3: 117.133

Yesterday High Low Close For Natural Gas

Yesterday High: 133.1

Yesterday Low: 126.2

Yesterday Close: 126.4

Today at 11-02-2020 22:00:04 Natural Gas trading at 127.3 with high of 127.8 and low of 125.6

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