Natural Gas at Key Resistance: Rejection or Breakout?Hey traders! Natural Gas (GAZ) is currently testing a strong resistance level. There’s a chance we could see a rejection here, with the price pulling back toward the support level. If this happens, we could also see a gap fill at the support, making it a potential target zone.
Here’s the setup I’m watching:
Resistance Level: Price is testing resistance; we could see a rejection soon.
Support Level: A pullback could take us down to support, with a potential gap fill in that area.
Target Zone: Watch for price action around support as a potential entry point.
Stay sharp and trade wisely!