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Natural Gas Fundamental Analysis Feb 1, 2012, Forecast

posted by Avatar FXEmpire 105 days ago in Fundamental, Daily, Agriculture

Natural Gas is currently down at 2.502 after hitting a high of 2.842. Today is a simple case of profit taking as NG has cascaded up for a week, moving from 2.32 to 2.84. Natural gas continues its steep losses on warming weather trends and profit-taking after some recent gains. Losses topped 8% and prices traded at their lowest in a week and a half.
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