Natural gas markets have fallen apart again on Friday, as we continue to see selling pressure every time we close to the $3.10 level. A break below the
Natural gas markets have fallen apart again on Friday, as we continue to see selling pressure every time we close to the $3.10 level. A break below the $2.99 level continues the downward move, which we have seen play out for months. Selling rallies continues to work, although you will need to be patient as to when you start getting involved. This is a market that continues to be very choppy and then, but I believe that the area between $3 and $3.10 still holds as major resistance. I do not buy natural gas.
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.
