Natural Gas (XNGUSD)

Natural Gas: The Golden Opportunity

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Natural gas has seen a nice rejection off of 3.19.

A double top on nat gas is observed, does this mean we go lower?

In the near term perhaps some more consolidation is needed but the trend is setting up for the infamous golden cross.

If we get a bullish cross of the 50MA & 200MA this is a likely long term trend signal.

This signals higher probability of a bullish uptrend.

As we approach the elections, a potential trump win could influence the price.

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