Natural Gas Wave Analysis – 04 November, 2019
November 04, 2019 @ 17:02 +03:00
- Natural Gas broke key resistance level 2.720
- Likely to rise to 3.000
Natural Gas recently broke above the key resistance level 2.720 (former monthly high from September and May) – which accelerated the active impulse waves 3 and (C).
The price is currently trading close to the resistance level 2.875 (top of the previous waves A and (4) from March)
Natural Gas is expected to rise further and retest the next resistance level – 3.000 (target price for the completion of the active impulse wave 3).