NATURAL GAS REACHED THE KEY SUPPORT LEVEL. WHERE TO GO NEXT?
XNGUSD has come to a crucial support level of 3.0000. Although the sentiment here stays as quite bearish (seasonally, August is not the perfect month for natgas buyers), we expect the price to rebound from the level of 3.0000 towards 3.3000 first. Afterwards, the continuation of bearish trend is expected with final target of 2.6000 before cold season beginning.
https://www.tradingview.com/chart/NATURALGAS/ekdIFse2-XNGUSD-CONTINUES-ITS-DOWNWARD-TREND-FOR-HOW-LONG/
XNGUSD has come to a crucial support level of 3.0000. Although the sentiment here stays as quite bearish (seasonally, August is not the perfect month for natgas buyers), we expect the price to rebound from the level of 3.0000 towards 3.3000 first. Afterwards, the continuation of bearish trend is expected with final target of 2.6000 before cold season beginning.
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Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.