Natural Gas Weekly Technical Outlook

Natural stayed in the consoldiation pattern from 2.998 short term top last week and outlook is unchanged. While the consolidation could extend, downside should 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-2016073133358/