Natural Gas Gold DXY Silver Forecast 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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About Natural Gas Futures
Natural Gas is a fossil fuel formed from plants and animals buried underground and exposed to extreme heat and pressure. Natural gas is used domestically for cooking, as a power source, in agriculture, and in industrial manufacturing. Natural gas prices fluctuate constantly depending mainly on production issues, stockpiles, weather conditions, economic growth, crude oil prices, and more recently coal. Natural gas is commonly measured in MMBtu, with 1 MMBTu equaling 1 million BTU (British Thermal Units).
NATGAS: Great Trading Opportunity
NATGAS
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy NATGAS
Entry Level - 2.777
Sl - 2.696
Tp - 2.962
Our Risk - 1%
Start protection of your profits from lower levels
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NATGAS Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for NATGAS below:
The instrument tests an important psychological level 2.777
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
NG1! Is Very Bullish! Long!
Please, check our technical outlook for NG1!.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.777.
The above observations make me that the market will inevitably achieve 2.962 level.
NG, prepping for a multi weekly gain come December 2023NG based on monthly data is registering very significant net buy volume at the current price range.
Seller's strength is certainly fading out based on thinning price volatility this past few days / weeks -- as shown on yellow price lines on chart.
NG is currently sitting at a strong major support
A long-term idea on Nat-Gas (NGZ24!!!) On 13th of November we saw a market-structure shift (checkpoint 2) after a stop-hunt that took place on 30th of October. Now we are in a weekly FVG that could be possibly pushing price to the buyside liquidity and the daily FVG that is laid above (checkpoint 3). If we don't see a retrace to that le
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Natural Gas Oil Gold DXY Silver Price Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
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10:01 Gold XAUUSD Stock Forecast
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NATGAS: Bulls Will Push Higher
The recent price action on the NATGAS pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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