Natural gas markets did very little during the session on Monday as we would’ve had most traders away for Memorial Day festivities, and as such liquidity
Natural gas markets did very little during the session on Monday as we would’ve had most traders away for Memorial Day festivities, and as such liquidity would’ve been difficult to say the least. The $2.20 level above continues to be a major barrier, and as a result we are going to wait to see what we get as far as a daily candle at that level in order to either buy natural gas above the $2.20 level, or perhaps selling based upon an exhaustive candle in that area. Nonetheless, Mondays candle doesn’t really tell us much.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
