Natural Gas 4HR Chart False Breakout at Resistance with Potential Downward Move Toward Key Support at 3.554

NATURAL GAS (NG) was down on Wednesday after testing the high level of $ 4.54 in the last trading session as US natural gas futures hovered around $4.3/MMBtu, after hitting $4.54 in the previous session, which was the highest since December 2022, driven by record LNG export flows and stronger demand forecasts.

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Varun Sharma

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