The current resistance seen around the long-term downtrend line suggests that natural gas might need a period of consolidation or retracement before attempting another rally. The breakout above the trendline last week has so far failed to follow-through to the upside.
- FP Markets Webinar for January 31: Explore TradingView with FP Markets Market Analyst Aaron Hill - January 18, 2024
- Crude Oil Price Forecast – Crude Oil Continues to Bounce Around - January 18, 2024
- AUD/USD Forecast – Australian Dollar Continues to Test Support - January 18, 2024