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Natural Gas Resuming Momentum, Before A Seasonal Peak

Published 06/25/2021, 01:21 AM
Updated 07/09/2023, 06:31 AM

When I recommended a long position in natural gas two months back, many readers were annoyed to go long at $2.614. Some of them even posted abusive comments which I had to take on board before writing another piece of analysis to predict the next directional move of the most unpredictable commodity in the world.

Natural gas futures hit a defined target at $3.434 on June 24 from the lows of $3.334. Yes, it was a $1 move. Perhaps, a big surprise for most of the traders who were not anticipating such a big move. But, I had indicated this in one of my last analysis. Natural gas futures have regained the bullish momentum that could continue during this hurricane season.

Undoubtedly if the natural gas futures close this week above $3.448, bulls could become more aggressive to test the next target at $4.5 during the upcoming week. But, I have decided not to write any more articles here on natural gas!
Natural Gas Futures Daily Chart

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1. This content is for information and educational purposes only and should not be considered as investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

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Latest comments

As they say, even a broken clock is right twice a day.  Same story here but way less than twice a day, ah hah hah !!   I have made so much money by doing the opposite of what Mr. Singh predicts that I have to truly thank Mr. Singh !
He is always bullish read article of chrstopher lewis he is alywas bearish
better to skip
thank you for sharing your articles. very well done on prediction. When do you think is the seasonal peak?
There are a lot of nasty personalities on this forum. Too bad investing.com won’t throw them off. Don’t worry about them. They obviously have their own demons. Best of luck.
Sir, your writing is very enchanting and except a few people, most of the people have benefited from your article, so do not deprive most of the people of your vision due to few small minded people, this is my request to you!
If u keep on depending on someone, then when will you learn how to analysis, so stop licking and do your own research
Keep up the great work. We value your analysis
Yes prefect prediction we ignored very sorry i seen lots of artical yours is perfect one keep writing please
negative people will say alot of things...they argue without any logic or reasons But i thinks u should go on with your work that will be the best reply to them
Expecting in to go upto 3.7-4 soon 🤗🤗
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