The Trust Layer for Market Analysts

The analysis begins by noting natural gas traded bullish last week, advancing close to 3.36 before dropping to a support zone at 3.16. The expert considers whether the market will deliver higher highs and a breakout toward 3.6 or if it will reverse, sliding below the critical support zone of 2.97. A break beyond 3.4 confirms bullishness, potentially moving towards 3.6, even reaching 3.8 soon. Current consolidation might be decisive. For a further downtrend towards 2.8 to 2.7, it would have to slide below 2.97. Moving averages converge, signaling a possible crossover, with the upside capped by 3.3 and 3.4. The expert notes a key range between 3.1 to 3.07. A drop below confirms a move towards 3.0 and 2.97, advising to remain short if trading dips below 3.07. Higher targets are seen if trading rises above 3.26 to 3.3, then a potential move toward 3.4 is considered possible.