Natural Gas Weekly Technical Outlook

Natural gas' consolidation from 2.998 continued last week and outlook is unchanged. Such consolidation might extend in near term but downside should be be contained by 38.2% retracement of 1.909 to 2.998 at 2.582 to bring rally resumption. Above 2.998 will target long term fibonacci level at 3.476.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/natural-gas-weekly-technical-outlook-2016072433327/