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Natural Gas Slowed Down For A Correction Within Uptrend
Natural gas slowed down recently, but despite that retracement, we see it as an ABC correction after a potential leading diagonal formation from the lows. It actually stopped perfectly at the former wave 2 swing low,. 61,8% Fibonacci and 3.0 support area, from where we may now see a bullish continuation, especially if it recovers back above 4.15 bullish confirmation level.
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