Panjang
Natural gas: possible small correction before bullish push
Given the geopolitical context, gas is likely to become increasingly scarce. In short, its price should supposedly increase.
However, technically, the price has a lot of chance to bounce back down: notably because of the SSB (Ichimoku) and the Fibonacci level.
We could then consider a purchase around the $4 area. After that the price should go back up and we could hope that it will break some resistances this time.
However, technically, the price has a lot of chance to bounce back down: notably because of the SSB (Ichimoku) and the Fibonacci level.
We could then consider a purchase around the $4 area. After that the price should go back up and we could hope that it will break some resistances this time.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.