Natural has made peak of this year?

Natural has made a peak of this year?

Natural Gas has made a peak of this year and appears a sell on rise in this commodity. Supply disturbance and cooling demand are now faded out. Long term chart looks still bullish but the price has already stretched out and there seems no brain in buying on this level rather it will be better to sell on rise.   

MCX NG Daily Chart

Disclaimer: The author of this post does not have any position in Crude oil futures. Readers are advised to take any position at their own risk; as the commodity is a highly volatile and most liquid commodity. Any loss/profit made on the basis of the above analysis will be unclaimed. 

Natural has made peak of this year? Natural has made peak of this year? Reviewed by Rajesh Kumar Gupta on Thursday, November 25, 2021 Rating: 5

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