Mad-Hatter

Mad-Hatter

Natural Gas Market (XNGUSD) - Trading Strategy and Analysis (Week 12 - March 2025) Fundamental Analysis: Short-term (next week): Neutral to bearish due to mild weather forecasts and strong production. Key event: Weekly EIA inventory report every Thursday. Long-term (6-9 months): Bullish due to strong global LNG demand, lower inventory reserves, and inflationary...

Mad-Hatter

NATURALGAS, 4H Mad-Hatter Mar 2, 2025 Natural Gas is testing a key support at $3.8250, a level that has provided a base for multiple rallies in the past. However, with bearish fundamental pressure mounting, we may see a breakdown that could accelerate the downside move. Probability Breakdown & Market Bias Bearish Breakdown (Below $3.8250). 70% Bullish Bounce...

Mad-Hatter

Nat Gas is coiling inside a symmetrical triangle, meaning a breakout is coming soon. The big question is: which direction? Key Levels to Watch Resistance: $4.20 - $4.22 → If we break and hold above, bulls could take over. Support: $4.10 - $4.12 → If this breaks, we could see a bigger sell-off. Right now, the setup leans slightly bearish, but I’m not convinced...

Mad-Hatter

Looking at the chart, it feels like natural gas is in an overhyped zone, pushing up against strong resistance around 3.71-3.75. We’re already seeing signs of rejection at this level, which could mean a correction is coming soon. Short Opportunity? If the price fails to break above 3.75, a short trade with a target around 3.60-3.50 could be a solid play. A...

Mad-Hatter

Price Action Patterns: The price appears to have been forming a rounded bottom, signaling possible accumulation. The recent price action has moved upwards towards a significant horizontal resistance at $3.65. This is the level to break for confirmation of a bullish breakout. Waves: The move resembles a Wave 1-2 pattern, with Wave 3 (impulsive wave) likely...

Mad-Hatter

My bias is short, my fundamentals and sentimentals are still bearish for gold. My IA for the day is we are gonna visit the daily open, and high % for lower level. my swing target is 2466.

Mad-Hatter

Potential Outcomes: Bullish Scenario (Higher Probability): Price breaks above $2,500: This would indicate continuation of the uptrend. If gold manages to close above this level with strong volume, it could signal further bullish momentum, possibly targeting the next resistance levels around $2,520-$2,540. Probability: Given that the trend has been strong and gold...

Mad-Hatter

Given the current structure of the chart and the indicators present, the next pivot point will likely be around key support and resistance levels. Here's a breakdown of the potential scenarios: If the Uptrend Continues: Next Resistance Level (Potential Pivot Point): The next pivot point in the context of an ongoing uptrend would be around the 2531.63 resistance...