RHTrading

Natural Gas Higher Prices Expected

Long
OANDA:NATGASUSD   CFDs on Natural Gas
Coming towards the end of the descending wedge. Looks like a double bottom was formed. Unsure if this pop will hold though or fall back into the pattern. However, I feel that with recent reports of natural gas inventories decreasing with demand increasing and the overall seasonality of natural gas, the projected future price favors the bulls. Also WHATS UP WITH THE VOLUME RECENTLY??

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