Natural Gas (NG) Outlook: The recovery from Monday’s 2.665 low, made marginally above the October low at 2.636, is ongoing with US natural gas prices treading water at present. For another upside thrust to unfold, a rise above Tuesday’s high at 2.903 would need to be seen. If so, the 20 June high at 3.016 would be back in play. Further up lie the early to late October highs at 3.081-to-3.141.
analysis of natural gas
MCX Natural Gas Trading Tips – Buy 100-500 Lots And Forget, Big Target – Neal Bhai Reports
Gold Silver Reports (GSR) – Natural Gas on MCX settled up 2.03% at 180.7 following the release of a storage report that was mostly in line with expectations, but warmer-than-normal weather, low heating demand and near-record production kept a lid on prices.