

Remain long with your take profit at 173.37 and stop loss at 143.31.

As long as this commodity is contained above the supportive zone 150.60-149.14, only long positions look ideal and may be recommended, short positions may only be advisable in case of a clear breakout below 150.60-149.14 with a big red candle followed by a correction to it and a rejection within it.

The commodity on the weekly chart above was rejected within a supportive zone 150.60-149.14, it then rose steadily towards a key line 173.37 and i still expect more of this movement to the line this week and the following week, should there be a clear breach above 173.37, more bullish momentum of Gazprom can be anticipated.
