Natural Gas (XNGUSD)
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Natural Gas: In a Clear Bearish Movement After Correction

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Natural Gas: In a Clear Bearish Movement After Correction

From our previous analysis, NG created a bearish correction that lasted for about 1 week and took place between 4 and 4.3.

After the pattern ended, the price fell by almost 13% in just 6 days.

News Today: Oil prices edged up on concerns about tighter global supply after U.S. tariff threats on Venezuelan oil buyers and earlier sanctions on Iranian oil buyers, while traders weighed the impact of U.S. President Donald Trump's auto tariffs.

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Previous Analysis:
Natural Gas: Potential Depreciation Towards 3.2

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