Natural Gas Weekly Technical Outlook

Natural gas edged higher last week but lost momentum ahead of 161.8% projection of 1.611 to 2.195 from 1.909 at 2.854. Further rise could still be seen. But considering bearish divergence condition in 4 hours MACD, upside should be limited by 2.854 and bring correction. Below 2.535 support will indciate short term topping and bring bring pull back.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/natural-gas-weekly-technical-outlook-2016062633189/