INTERNATIONAL COMMODITY NEWS :
Natural gas prices fell on Tuesday after updated weather-forecasting models scaled back on calls for colder temperatures dipping across the U.S., with milder temperatures seen reducing the need for air conditioning or heating. On the New York Mercantile Exchange, natural gas futures for delivery in November were down 0.87% at $3.874 per million British thermal units during U.S. trading. The commodity hit a session low of $3.866, and a high of $3.959.The November contract settled up 0.13% on Monday to end at $3.908 per million British thermal units.Natural gas futures were likely to find support at $3.864 per million British thermal units, Monday’s low, and resistance at $3.958, the session high.
RECOMMENDATION :
BUY GOLD ABOVE 1225 TGT 1229,1233 SL 1220
SELL GOLD BELOW 1219 TGT 1215,1210 SL 1224
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Natural gas prices fell on Tuesday after updated weather-forecasting models scaled back on calls for colder temperatures dipping across the U.S., with milder temperatures seen reducing the need for air conditioning or heating. On the New York Mercantile Exchange, natural gas futures for delivery in November were down 0.87% at $3.874 per million British thermal units during U.S. trading. The commodity hit a session low of $3.866, and a high of $3.959.The November contract settled up 0.13% on Monday to end at $3.908 per million British thermal units.Natural gas futures were likely to find support at $3.864 per million British thermal units, Monday’s low, and resistance at $3.958, the session high.
RECOMMENDATION :
BUY GOLD ABOVE 1225 TGT 1229,1233 SL 1220
SELL GOLD BELOW 1219 TGT 1215,1210 SL 1224
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