Natural Gas Weekly Technical Outlook

Natural gas' rally continued last week and took out 61.8% projection of 1.611 to 3.366 from 2.546 at 3.631. There is no clear sign of topping yet. Sustained trading above 3.631 will pave the way to 100% projection at 4.301. On the downside, break of 3.503 support is needed to confirm short term topping. Otherwise, outlook will remain bullish in case of retreat.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/natural-gas-weekly-technical-outlook-2016121033958/