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Natural Gas: Stabilised, As Expected

Published 03/03/2014, 06:45 AM
Updated 07/09/2023, 06:31 AM
NG
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Natural Gas

Natural Gas stablised as expected and hit our target of 4625. We did struggle here as predicted but are higher over night to test of resistance at 4730/50. So far we have topped exactly here but on a break higher look for the next target of 4825 then a selling opportunity at 4900/20.

Failure to beat 4730/50 sees a drift lower to fill the gap at 4653/25. A good chance this holds the downside but below here adds pressure for 4450 then a retest of 4441 lows last week.

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