Gold + Natural Gas
GOLD consolidated during ages in the form of a bull flag. According to price action and Fibonacci, the pattern positively broke to the upside. Now it is completing the re-test of the said breakout. Now a bullish trend could start for the longer term. During this trend, the price will most likely respect indicators like the moving averages and the Ichimoku.
Below we have NATURAL GAS. This chart is starting to give healthy reversal signals for a re-test on the recent bullish breakout in lower timeframes. I am not shorting, but I will wait for the long.
Below we have NATURAL GAS. This chart is starting to give healthy reversal signals for a re-test on the recent bullish breakout in lower timeframes. I am not shorting, but I will wait for the long.
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