Natural Gas Futures
Short

NATURAL GAS Sell signal on overbought Channel Up despite the Gol

541
Natural Gas is trading inside a Channel Up since the April 14th Low.
Despite forming a Golden Cross on the (1d) time frame last Thursday, we have a short term sell signal as the price reached the top of the Channel Up.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 2.950 (expected contact with the MA50 1d).

Tips:
1. The RSI (1d) is highly overbought, the highest since May 4th 2022, making the sell signal stronger.

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