Investing.com investing.com 11 Jan, 2021 02:30 am

Natural Gas: Post-Pandemic Blast Still Pending

Natural Gas: Post-Pandemic Blast Still Pending
Commodities Analysis by Satendra Singh covering: Natural Gas Futures. Read Satendra Singh's latest article on Investing.com

com/analysis/natural-gas-postpandemic-blast-still-pending-200554206 By Satendra Singh   |  14 hours ago (Jan 10, 2021 06:53AM ET) On analysis of the movements of Natural Gas Futures price since the first trading session of the year 2021, I find that the Natural Gas Futures have been continuously maintaining above the gap that it was created on the first trading session of the year up to the closing on January 8th, 2021.If the Natural Gas Futures start the upcoming week with a gap-up on the first trading session, the focus will shift towards immediate resistance at $2.But there is no doubt that the Natural Gas Futures could behave against all technical indicators due to a sudden change in the weather forecast.In such a changing scenario, if the Natural Gas Futures start the upcoming week with a gap-down opening, I find that the level of $2.

p Disclaimer: The author of this analysis does not have any position in Natural Gas futures.Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.

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