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XNGUSD Looking for Bullish continuation LONG
US Natural Gas (Spot) (XNGUSD)
Long
XNGUSD Looking for Bullish continuation LONG
By AwesomeAvani
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Updated
May 19
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Mar 4
XNGUSD is still in oversold and undervalued territory as demand may be mitigated
by anticipation of milder weather and supplies seem to be more than adequate. XNGUSD
may move higher if either of those factors changes. The chart shows price about 15% above
support and about 60% below heavy resistance. The RSI indicator shows the faster RSI line
above the 50 level and so I think the bullish move is supported by buying volume. I will take
a long trade on forex and in UNG / UNL on the equities market.
Mar 5
Trade active
XNGUSD rising UNG on equities market is in an ascending channel
Mar 6
Trade active
It was a quiet day for gas watching the chaos of the equity markets from a distance.
Apr 15
Note
Apr 15
Note
Trading the counter-trend intraday and scalping for profit. Wtching for more !
Apr 15
Note
Buying dips intraday and selling upon recovery higher. Trading the counter-trend intraday and scalping for profit. Watching for more !
May 19
Note
XNGUSD is long
BOIL
Commodities
energystocks
KOLD
longnaturalgas
Supply and Demand
Trend Lines
UNG
UNL
Volume
xngusd
AwesomeAvani
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