Natural Gas Futures: A probable correction looks likely

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Natural Gas Futures: A probable correction looks likely Gas Commodities Energy OpenInterest Futures

inary readings from CME Group. On the other hand, volume rose for the fourth day in a row, now by almost 58K contracts.clinched the fourth consecutive session with gains on Thursday. The uptick, however, was in tandem with diminishing open interest and unveils the likelihood of a potential corrective move in the very near term. Looking at the broader scenario, the commodity remains well stuck within the consolidative range in place since late March.

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