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Natural gas is still trending higher, reaching fresh highs at $2.267 after its pullback to the rising trend line on its hourly chart. Price might be in for another pullback as it stalls around the latest highs. The Fibonacci retracement tool shows that the 61.8% Fib is closest to the trend line at $2.165, which might be the line in the sand for a bullish ...
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The Organization of Petroleum Exporting Countries (OPEC) on Tuesday shared that it decided to leave global economic growth projections unchanged at 2.8% for 2024 and 2.9% for 2025. The United States' gross domestic product (GDP) was revised slightly upward to 2.2% for this year, followed by a 1.9% growth for the next year. On the contrary, the Eurozone's ...