The price is consolidating near the recent resistance zone of 1.685 to 1.705.
This implies buyers were able push the price till resistance; but sellers are not strong enough at the resistance point to push the price lower.
But, buyers are able to hold it higher. Anytime the price can burst to next resistance of 1.768 to 1.778.
Hence buying is recommended at...
Naturalgas showing signs of bottoming out. Now it seems like good buy for long term
1) Currently at multiple monlthly support near all time lows
2) Hovering near big capitulation wick
3) Now testing bottom yesterday's big bullish candle
We will never get this kind of risk to reward anytime soon, if this works as expected
NG Positional Buy trend starts once it close above 2.180, on short-term target of 2.250, on medium term 2.310... keep stopl-loss if closes day's below 2.116
OANDA