By ForexMansion.com

Natural Gas continues in its consolidation range between $3.95 and $3.80 on Friday. This has been the range for a better part of the week now, and should continue to offer plenty of short-term opportunities for traders. The ranges should include $4 as the absolute top of the resistance, while the $3.80 mark is fairly thin from that standpoint. A break below it signals a resumption of the overall trend. Since the selling has been going on for years now, shorting at the $3.85 mark is the preferred trade.

NATGAS CHART