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Technical Forecast for Natural Gas

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Technical Forecast for Natural Gas

 


Natural Gas beat 3.500 to fill the gap at 3.548/556 for a selling opportunity. We over ran slightly to 3.562 but have eased & could continue lower to 3.501 & may be as far as good support at 3.463/460. Exit shorts here & look for a bounce from here.


 


3.556/562 remains tough resistance & could hold the topside again but a break higher cannot be ruled out and could target 3.630. Exit longs & try shorts with stops above 3.659.

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Posted-In: Technicals Commodities Markets Trading Ideas

 

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