NATGAS

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NATGAS

Natural gas is stuck in a horizontal band. We can say that the price has been hovering in the 2.67-2.44 band for almost two weeks. If we see an upward market breakout in the coming period, we can watch a new uptrend on the natural gas side. Persistence below 2.44 will continue the decline. Support: 2.44- Resistance: 2.67 – 2.82