Natural Gas has been a very volatile asset in recent sessions. The price action in the 4 hour chart has triggered a bullish breakout. The next bullish inverse head and shoulders pattern on the daily chart is starting to take shape. This pattern has not yet triggered. If we see a breakout of this pattern there is about $1.50 of upside from the neckline....
Nat gas confirmed a daily chart breakout! Its looking likely that we are now putting in a basing formation to move higher. Now that we are holding above $1.86...we could start to see shorts cover. I remain bullish as long as were above this key gap zone from 2020. Nat gas resource stocks are continuing to show signs of accumulation. $2.25 upside target on...
support and resistance guide natural gas DXY gold silver forecast DAILY UPTREND CONFRIM
Nat Gas got another daily positive close. This chart is looking ultra bullish and we may get to witness one of the greatest short squeezes.
The rally continues, what's next for Natural Gas? Massive long term reversal signals on watch.