Natural Gas Technical Analysis & Trade Signals

Natural Gas Price Technical Analysis

NATURAL GAS Price Technical Analysis: Weekly Chart

Natural Gas Technical Analysis

In the weekly charts, Natural Gas is trading in an upward channel.

Natural Gas is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.

Natural Gas will follow an uptrend in the coming weeks.

The Natural Gas crucial support level is at 4.334 which is near 20 days SMA as of now. There are no signs of a bearish trend.

Natural Gas is trading Above All the moving averages.RSI which is 60.40 Suggest Natural Gas  to move in  a Positive  Direction

Bulls have their tight grip on Natural Gas.

TRADE SIGNAL-   NATURAL GAS– Buy: 5.370, TARGET:-5.470; STOP LOSS:- 5.320.

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