The price recently extended to break the lower lows and this indicated a reversal may be on the cards. Since then price has consolidated but a clear line of resistance has been made. If this structure is maintained this week then I suspect price may resume the continued down trend.
However if this line is broken I anticipate a trend reversal. Winter is coming! as they say in game of Thrones so Nat Gas usually begins to increase in price due to the demand vs supply relationship.
However if this line is broken I anticipate a trend reversal. Winter is coming! as they say in game of Thrones so Nat Gas usually begins to increase in price due to the demand vs supply relationship.
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