Natural gas futures (November delivery) are on track for their biggest weekly loss since June after the negative gap below the 2022 support trendline exacerbated the seven-week sell-off. The bears are currently looking to downgrade the medium-term outlook to negative below June’s floor of 5.31. If they succeed, all the attention will turn to the crucial 4.85-4.65 region, where […]
The post Natural Gas Futures Set for Big Weekly Loss; Outlook Threatened appeared first on Action Forex.
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