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Natural Gas: Reversal Could Be Steeper

Published 09/22/2020, 02:29 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movements of Natural Gas Futures, in different time frames, the futures look ready for a steep reversal up to $2.269. And, a sustainable move above this level could be supportive for bulls to resume their commanding position once again. 

Natural Gas Futures Weekly Chart

Natural Gas Futures Daily Chart

Natural Gas Futures 1 Hr. Chart

Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.

Latest comments

singh ji..its working out finally..i dont mind even if there is a pullback from here..i guess it will be another potential buying opportunity again for the bulls
Is this regarding the October contract or the November one ?
1418 articles = Ng price target 1.418
thanks
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