RE: stockguy0you should trade what you do the best and that is Gold..forget NG..it is domestic, at long as the economy is not recovering...the trend is still down. Yes there will be oversold rally but that is where you should short not add to long.
Technically, Jan NG has support at 4.50 which it is holding, upside you watch 5 and 5.3 resistance, unless you got 2 days close above 5.3, NG should trade witin the range of 4.50-5.3 with bearish bias ie buying HND when NGF0 at around 5.2 instead of buying HNU near 4.5.
Remember NG futures which HND/HNU based on. are owned by the futures tradeers, you have to trade what you see them doing not your dreams. Everyone is expecting a draw and NG will shot up, let's see what happens when the inventory number is out.