VasilyTrader

Natural Gas (NATGASUSD): Coming Test of Market Low

OANDA:NATGASUSD   천연 가스 CFDs

hey traders,

natgas is very weak from 20th of January.

the market is trading in sideways and volatility is phenomenally low.
from February, the price started to consolidate within a narrow rising channel and it looks like selling volumes are accumulating
within it to retest the current market low.

I believe that next week 1.791 level will be retested and we can expect a strong bullish reaction from it.

good luck!

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