A Channel Up pattern was identified on Natural Gas at 2.9215, creating an expectation that it may move to the support line at 2.9122. It may break through that line and continue the bearish trend or it may reverse from that line.
Related Posts
Gold Spot seems to be on its way to resistance – a possible opportunity?
Gold Spot is approaching a resistance line at 3761.6851. If it hits the resistance line, it may break…
Silver Spot – approaching a resistance line that has been previously tested at least twice in the past
Silver Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
Important price line being approached by Natural Gas. This price has been tested numerous times before.
Natural Gas is moving towards a resistance line. Because we have seen it retrace from this level in…