Natural gas markets fell during the week but continue to find support near the $3.10 level. I think that the market will continue to find buyers and the
Natural gas markets fell during the week but continue to find support near the $3.10 level. I think that the market will continue to find buyers and the short-term, but I don’t look for anything explosive to happen in the near term. If we broke down below the $3 level, the market could fall rather significantly. Until that happens, I suspect that this will be more or less a short-term range bound market that would be better served on daily charts or even lower time frames than that.
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.
