Nymex natural gas december 2017-3.02$ level remain make or break level

Nymex Natural gas Monthly forecast for dec. 2017

 

Nymex natural gas future in month of november closed at 3.04$ with gain.

Nymex natural gas future for month of december, opened strong above support of 3.02$ with bounce back move.

above 3.02$, remain strong and buy for targets 3.25$ to 3.45$. but if slips below 3.02$, remain weak and sell for targets 2.82$ and then 2.6$.

from long term view, Nymex natural gas future hovering around  long term support zone of 3$.

 

 

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Pramod Baviskar

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