Natural Gas has a nice rounded bottom support at 1.55 to 1.65 region.
It ha recently broken out of the long time resistance at 1.994 albeit temporarily. If it retraced back to 1.85 level and can find good support, we are expecting it to retest the 1.994 level once more and if it breaks out, that would be a stronger confirmation for more upside.
It ha recently broken out of the long time resistance at 1.994 albeit temporarily. If it retraced back to 1.85 level and can find good support, we are expecting it to retest the 1.994 level once more and if it breaks out, that would be a stronger confirmation for more upside.
Note
still not ready , be patient
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.