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Natural gas is moving in a range area, no big move till 166 or 200 level breakout. Traders sell around higher level buy around lower level.

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In MCX lead august contract we can see an example of bullish pin bar candlestick pattern. Learn candlestick magic for trading in any trading instrument.

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MCX Crude Oil falls as rising US crude stocks creating pressure

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Bullish harami candlestick has formed in MCX Gold daily chart. That means there is a probability for upside today.

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Natural Gas trading range for the short term traders is expected among the key support at 166 and resistance at 200.

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Silver trading range for the day is between the support at 37970 and resistance at 38450.

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Crude oil trading in narrow range between 3770 to 3900. Wait for the breakout with high volume.

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Natural gas on daily charts may reverse from the below 187 only it is trading in over bought zone. 

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Industrial Production data is a leading indicator of national economic health - production is the dominant driver of the economy. It reacts quickly to ups & downs in the business cycle.

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On Comex Crude oil futures price slipped for the second consecutive day Tuesday as concerns about higher supplies as well as a firmer outlook for the US $ weighed on prices.

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