KlejdiCuni

NATURAL GAS: It seems that the price may reach 2.5 soon

Short
CURRENCYCOM:NATURALGAS   Natural Gas
NATURAL GAS: It seems that the price may reach 2.5 soon

For a long period of time, Natural Gas is in a clear downtrend.

It looks like it was a selling opportunity in all the bullish moves that Natural Gas created.

As you may see on the weekly chart the price closed a red candle week after week
and it is very dangerous to suppose any bullish move in these conditions.

Price already broke down also from 3.5 which is a strong structure zone.

Considering that many factors probably we could see Natura Gas to move down
up to $2.5 that is dating back in August 2020.

Thank you and Good Luck!

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