XNGUSD Chart Technical Outlook Natural Gas prints a last leg to the downside, caution is advised
Natural Gas prints the final leg in a bearish cycle. Prices are oversold, showing bullish divergence in intraday charts. The current levels don’t offer a value setup for bulls, and the bottom is not confirmed yet. My bias is neutral, with fading rallies being more appropriate.
Resistances: $2.25, $2.35
Supports: $2.00, $1.85
