Natural Gas Daily Chart – Cup and Handle Pattern

The daily chart of Natural Gas (NG) suggests a classic cup and handle formation, a bullish continuation pattern indicating further upside potential. The price recently hit resistance and pulled back, forming the "handle" phase.

  • Support: Holding above $3 is crucial for sustaining the pattern.
  • Breakout Zone: A decisive move above $5 would confirm the breakout, opening doors for further gains.
  • Trend Outlook: As long as NG remains above $3, the broader trend favors bulls.

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