For this week we are expecting Natgas to start on a high and reach the trendline, before making another drop and break the support area highlighted on the chart. On the bigger picture (Daily / Weekly timeframe) this will only act as a correction for more bullish momentum. 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.
The market opening this morning pushed down the price creating a huge gap. I think last week's analysis was good and hopefully it will continue downwards. What are your thoughts about it? good luck!
financialflagship
⋅
@giacosam, We still expect the market to pullback deeper, even though we opened with a gap down and broke the low. So the trendline reversal is still valid, but we will have to watch the price action to confirm the move.
Ahtisham_Ali
⋅
Hi you didnt posted the analysis on silver and gold?