NGAS At 3.8 the creepy little gnome on my shoulder will start to bully me to close my long. 🦫Natural Gas (XNGUSD) forum
NGAS At 3.8 the creepy little gnome on my shoulder will start to bully me to close my long. 🦫
NATGASUSD prices continue to lift on hot air. Tit for tat missles will keep prices elevated. No one wants Middle East proxy war. When the children in charge finish with their tantrums expect massive sell offs. Position yourself accordingly.
NATURALGAS Israel attack strikes South Pars Gas field
NATGASUSD when missiles fly, say good bye to your technical analysis.NGAS Here's an updated AI sentiment summary, that includes up to yesterday's data:Bearish sentiment dominated from Jun 6–11 due to steady price declines and falling open interest, signaling long liquidation. On Jun 12, a slight price recovery occurred alongside rising open interest and high volume, suggesting fresh participation—possibly early long entry or short covering—hinting at a short-term sentiment shift toward neutral or mildly bullish.
NATURALGAS it's playing ping pong still in the range inside 3.50-3.70... might be no trade zone today, market still seems undecided.Currently waiting to see price action when price reaches 3.51 and how it will react with the support there.
NATURALGAS up gas increased 3%Oils +5%
Natural gas -.8%
NATURALGAS Weekly and daily momentum is declining; however, the overall trend remains bullish based on market structure and technical indicators at the 1W and 1D timeframes.On shorter timeframes (4H, 1H, 15M), market structure and technical indicators signal a bearish trend, with momentum appearing exhausted and conditions oversold. At 1H, a bullish divergence is observed, with support levels at 3.53-3.52, 3.48-3.45, and 3.41-3.39.
Earlier this evening, price dipped before bouncing from the 3.53 support area, creating a liquidity void as it moved upwards to 3.55-3.57. Prior to that, as price dropped, another liquidity void was formed in the 3.61-3.59 range. In order for price to establish a clear directional move, I anticipate these liquidity voids will need to be filled first.
- Bearish Continuation: I am watching for a retest and rejection from the recent resistance area at 3.61-3.67.
- Bullish Reversal: I am looking for a retest and bounce from the recent support at 3.53.
There's always the possibility of a strong breakout/breakdown with momentum from resistance/support but I personally prefer to wait for retest and bounce from a recently established dynamic trendline or key level with some kind of divergence.
Good luck, everyone!
PS: from left to right charts 1w, 1d, 4h, 1h, 15m
NATURALGAS This post as my mind on 24th May 2025. anyone saw 3.210 after that nymex. tradingview.com/symbols/NATURALGAS/minds/?mind=YHQl68QeTuqiF-ljU2_NdA&exchange=CAPITALCOM
NGAS Two indecisive days in a row, this one slightly more bullish. 🤔 Here, have some candy🍬