Natural Gas has broken through a resistance line of a Flag and suggests a possible movement to 3.9884 within the next 23 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.
After testing resistance twice in the past, Natural Gas has finally broken through. Can we expect a bullish trend to follow?
