Natural Gas closed lower due to profit taking on Wednesday as it consolidates some of this month's rally. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are overbought but remain bullish signalling that sideways to higher prices are possible near-term. If its extends this month's rally, the 75% retracement level of this fall's decline crossing is the next upside target.
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