CFDs on Natural Gas
Long

Natural Gas (XNGUSD): Back to Bullish Trend?!

512
The XNGUSD pair is showing signs of recovery following a prolonged period of bearish movement, the pair is currently trading in an expanding wedge pattern.

A bullish breakout of a significant daily resistance level has been confirmed, with the broken level now acting as support.

This indicates strong buying pressure. I anticipate further recovery in the market, with a potential move towards the 2.18 area in the near future.

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