The natural gas markets initially fell on Friday but found a little bit of support at the $3.25 level. By doing so, we ended up bouncing a bit and it
The natural gas markets initially fell on Friday but found a little bit of support at the $3.25 level. By doing so, we ended up bouncing a bit and it looks as if the market is going to continue to see volatility. Any rally from here is going to be tough, but we have not filled the gap from a couple of weeks ago, and any rally would simply be an attempt at that in my estimation, because quite frankly the fundamentals are starting the line up quite against the natural gas markets. A breakdown below the $3.25 level census market lower.
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.
