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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
