$XNGUSD bulls attack $2.75 hurdle as full markets return
In doing so, the Natural Gas Price jostles with a convergence of the 200-Hour Moving Average and the top line of a two-week-long symmetrical triangle, close to $2.75 at the latest.
In that case, Friday’s peak of near $2.82 may act as an intermediate check for the Natural Gas run-up targeting the previous monthly high of around $2.93. Meanwhile, pullback moves remain elusive unless staying within the aforementioned triangle, currently between $2.75 and $2.66. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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