This is one of the trade ideas for this week. NG looks like it found a good support at the psychological round number 3.0 and previous support level. Fundamentals are a bit of a mixed bag, however potential increases in LNG exports (driven by trade deals) and industrial demand from AI data centers and reshoring could provide bullish support in the near term.
Trade smart, be kind, stay strong 💚
Trade smart, be kind, stay strong 💚
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.