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

 | Feb 21, 2019 11:42PM ET


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.