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Natural Gas: 'Golden Cross' To Keep Bullish Trend Intact Amid Growing Volatility

By Satendra SinghCommoditiesFeb 21, 2019 11:42PM ET
www.investing.com/analysis/natural-gas-golden-cross-will-keep-bullish-trend-intact-amid-growing-volatility-200391270
Natural Gas: 'Golden Cross' To Keep Bullish Trend Intact Amid Growing Volatility
By Satendra Singh   |  Feb 21, 2019 11:42PM ET
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Since my last analysis, on analysis of the movements of Natural Gas futures. in different time frames; I find the Natural Gas bulls look too confident after formation of "Golden Cross" on February 18th, 2019 in an hourly chart, to maintain the current uptrend, despite the bears' full thrust at the level of $2.688. This makes the Natural Gas futures to take a steep upward move towards the 'Breakout Zone' shortly. A sustainable move above the level of $2.767 will confirm the continuation of bullish uptrend.


Natural Gas Futures 1 Hr. Chart
Natural Gas Futures 1 Hr. Chart

Natural Gas Futures 15 Minutes Chart
Natural Gas Futures 15 Minutes Chart


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Natural Gas: 'Golden Cross' To Keep Bullish Trend Intact Amid Growing Volatility
 
Natural Gas: 'Golden Cross' To Keep Bullish Trend Intact Amid Growing Volatility

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Contango Durango
Contango Feb 23, 2019 4:32AM ET
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We just had Death Cross on daily chart: 50 DMA crossed below 200 DMA.
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Stephan Steven
Stephan Steven Feb 22, 2019 2:00PM ET
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Sell
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Joshy Kollannur
Joshy Kollannur Feb 22, 2019 7:43AM ET
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It will go downward 2.45 to 2.50 range
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Hueller Hille
Hueller Hille Feb 22, 2019 7:43AM ET
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You must be joking !
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Satendra Singh
Satendra Singh Feb 22, 2019 5:25AM ET
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Author's response
Watch my live commentary on analysis of movements of Natural Gas after inventory announcement at my YouTube channel ss analysis.
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Disclaimer: This analysis is purely based on the technical observations. I do not have any position in Natural Gas. One can create position in Natural Gas at his/her own risk.
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