InvestingScope

Natural Gas: Lower Buy opportunity.

Long
OANDA:NATGASUSD   CFDs on Natural Gas
NG is forming a Channel Up on 1W (RSI = 51.784, MACD = -0.011, ADX = 20.925, Highs/Lows = 0.0155) and is approaching the Demand Zone for a Higher Low. The 1D MACD shows that there is still some room to it, so be ready to buy lower (ideally well below the 1D MA50 once the Golden Cross takes place). Our Target Zone is 2.785 - 2.860.







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