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MCX Natural Gas Long-Term Outlook - Target 300+

Long
Natural Gas Futures (MCX:NATURALGAS1!)  
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MCX:NATURALGAS1!   Natural Gas Futures
Fibonacci Moving Averages Fundamental Analysis MCX mcxnaturalgas mcxnaturalgastips freemcxtips freecommoditytips Natural Gas Fibonacci Retracement commoditytrading commoditysignals
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fibonacci movingaverage fundamental mcx mcxnaturalgas mcxnaturalgastips freemcxtips freecommoditytips naturalgas fibonacciretracement commoditytrading commoditysignals
According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal.
Targets: 234.6 - 263.9 - 305.6

Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits.

Significant releases or events that may affect the movement of natural gas on Wednesday, Oct 28, 2020:
  • 02:00: U.S. API Weekly Crude Stock
  • 20:00: U.S. Crude Oil Inventories
  • 20:00: EIA Weekly Refinery Crude Runs
  • 20:00: U.S. Crude Oil Imports
  • 20:00: U.S. Cushing Crude Oil Inventories
  • 20:00: U.S. Gasoline Production
  • 20:00: U.S. Heating Oil Stockpiles
  • 20:00: U.S. Gasoline Inventories
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