Natural Gas Weekly Technical Outlook

Natural gas's rally continued last week and took out 2.493/5 resistance zone decisively. Initial bias remains on the upside this week and further rise should be seen to 161.8% projection of 1.611 to 2.195 from 1.909 at 2.854 next. On the downside, break of 2.451 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/natural-gas-weekly-technical-outlook-2016061133092/