Natural Gas: Bullish Trend Still Intact Despite Growing Volatility
Satendra Singh | Mar 24, 2019 05:52AM ET
On analysis of the movements of Natural Gas futures in different time frames, the bulls may take steep upward moves amid growing volatility during the upcoming week. The opening levels on the first trading session will define the bulls' intention for the whole week. China's intention to take strong steps for achieving an economic growth rate of 6 - 6.5 % for the year 2019 may encourage Natural Gas bulls to move upward during the upcoming week to achieve the target of $3.167.
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