Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"[ad_1] Next Upside Target is $3.51 The first upside target is shown on the chart at $3.51 to $3.52. It starts with the 38.2% Fibonacci retracement and is followed by the 50-Day MA. Note that the price represented by the 50-Day line may change slightly before it is reached. Also, be aware of the internal downtrend line near to today\u2019s price action. Although it may not provide a clear price to gauge from, it can help as a guide. The next more significant potential resistance zone above the 50-Day line is around the 20-Day MA, currently at $3.67. Notice that the 20-Day line has been falling recently and has entered the price range discussed previously from the $3.64 peak in 2023, and the 50% retracement at $3.67. Rising ABCD Pattern Points to $3.58 An interim upside target has been added to the chart since as of today there is a higher swing high for the developing ABCD pattern (light blue) starting from the recent $2.99 low (A). The initial target from the patten is $3.58, approximately halfway between the 50-Day and 20-Day MAs. Further up is the 127.2% extended target from the pattern at $3.69. Therefore, that higher price target can be added to the price range around the 20-Day MA. Wide Range Week Consolidation Since this week\u2019s price action is contained with a wide range from last week, it would not be surprising to see natural gas continue to slowly advance and fill more of that range. Last week\u2019s range goes from a low of $2.99 to a high of $3.83. Last week\u2019s high marks the next higher potential target area above the $3.69 price level. For a look at all of today\u2019s economic events, check out our\u00a0economic calendar. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":33617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-33616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/33616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=33616"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/33616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/33617"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=33616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=33616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=33616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}