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This is the weekly chart of the natural gas. you can see the long term trendlines.
It may test the one of trendlines. If it does, it'll be a possible long opportunity.
I'll stay cautious with this idea, because it can just bounce before reaching the trendline. I would never go short with rising global demand.
This consolidation possibility came to my mind after daily-timeframe analysis.
If this really plays out, I'm gonna enter major long positions around the green area.
I'm bullish on Natgas in long term.
Demand for Natgas should be increasing due to the needs for clean energy to replace dirty energies like coal.
Current structure is giving some hint for an bullish move, so I expect at least some rise.