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Natural Gas Forecast Nov. 24th, 2011, Technical Analysis

posted by Avatar FXEmpire 175 days ago in Technical, Daily, Agriculture made popular 175 days ago

Natural gas markets got a lift on Wednesday as the drawdown report was actually slightly better than expected. However, the trend is decidedly bearish, and we have been waiting for a bounce. Part of it could be due to short covering by traders before the holiday.
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