Natural Gas Daily Technical Outlook
Natural gas’ consolidation from 3.61 is still in progress and intraday bias remains neutral. Another recovery cannot be ruled out yet but after all, upside is expected to be limited by 4.288 support turned resistance and bring fall resumption. Below 3.77 will flip intraday bias back to the downside and break of 3.61 will confirm fall resumption to 2.896 projection level. However, decisive break of 4.288 will indicate that a short term bottom is at least formed and will bring stronger rise to 5.007 resistance instead.
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Natural Gas Daily Technical Outlook
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