Natural Gas has broken through a line of 4.1135 and suggests a possible movement to 4.1784 within the next 9 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Related Posts
Silver Spot is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 10 days.
Silver Spot is moving towards a resistance line which it has tested numerous times in the past. We…
Natural Gas is quickly approaching a very important level it has previously tested numerous times in the past
The price of Natural Gas in heading back to the support area. It is possible that it will…
Gold Spot – approaching a resistance line that has been previously tested at least twice in the past
Gold Spot is moving towards a resistance line which it has tested numerous times in the past. We…