Forecast for 4th March 2013 Natural Gas April contract Natural Gas held support at 3.390 but will need to beat 3.460 resistance for another test of 3.52/3.554 highs. It is unlikely we can push through here today as this is 10 month trend line resistance & we are getting quite over bought, but a break would target 3.592/613. Below 3.453 support we should retest 3.399/386 support. A break lower today would not be a surprise & should target 3.339/315 where we could expect to see a bounce.
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Natural Gas, Gasoil ICE, RBOB Gasoline, XAU Spot Gold
