Wednesday, 4 April 2018

Natural Gas Inched Higher Helped By Short And Medium Term Forecasts Maintaining

Natural gas trading range for the day is 173.2-178.2.

Natural gas inched higher helped by short- and medium-term forecasts maintaining below-normal temperatures across the northern US.

Fundamentals have turned more bearish with higher than expected supply growth reducing storage draw estimates.

Total natural gas in storage currently stands at 1.383 trillion cubic feet, according to the U.S. Energy Information Administration.

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  1. MCX CALL: SELL GOLD AT 30680 TARGETS 30640 / 30590 / 30530 STOPLOSS 30752

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