Natural gas price resumes the rise

Natural gas price succeeded to surpass 3.210 barrier recently, to resume its bullish rally caused by its consolidation within the bullish channel that appears on the chart.

Also, stochastic attempt to crawl towards the overbought areas will increase the chances of forming strong bullish rally soon, expecting to target many positive levels that start at 3.410 followed by reaching 61.8% Fibonacci correction level at 3.590.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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