I wanted to keep you informed about the latest developments in the NATURALGAS2! natural gas market. Recent trends indicate a potential Uptrend in natural gas prices. This presents a potential opportunity for a Long position.
🔹 Natural gas prices have shown a consistent downward movement over the past weeks. 🔹 Supply levels have been relatively stable, while demand has experienced some fluctuations. 🔹 Experts suggest a short-term Bullish outlook for natural gas.
Action Plan: Considering the above factors, it might be prudent to consider a Long position in the natural gas Sep Contracts.
Natural gas will try to face 1st Resistance Near 228-230 and If its break then Probably We Can See 245-250 level and if its break then it will test 260-270 level.
Buy Near 216-220 Stop Loss 208 Target 235,245,250
Investment Required - 70000 Maximum Loss - 10000 Profit Upto 42500
Risk Management: As with any investment decision, there are inherent risks. Natural gas prices can be volatile, and sudden market shifts can impact your investment. Ensure you have a risk management plan in place.
Please note that market conditions can change rapidly. We recommend staying updated with real-time market data and consulting with a financial advisor before making any trading decisions.
Feel free to reach out to us if you have any questions or need further assistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.