Natural Gas has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 3.0254 may materialize within the next 16 hours.
Natural Gas through 2.9335. Is this a confirming a breakout? Will it continue its path in the current trend toward 3.0254?
