NATURAL GAS – Week 16 – Next Target: $2.90.

As we forecasted in our previous outlook, Natgas reached the $2.71 resistance area.
For this week, we expect the price to make a small pullback, break the resistance and head towards the $2.90 target area.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Comment:

Price moving as expected. After this pullback, we should resume the bullish trend.
Target: $2.90

Trade closed: target reached