Trading strategies for natural gas and gold by Tradebulls Securities

Natural Gas has made 'shooting star' candlestick pattern at the top end of the swing range and, consequently, retraced back

Gold has erased almost all of December’s gain and is now slowly finding its feet with $1,780 as its base. US consumer prices are rising at quickening pace which will be beneficial to gold as inflation will rise. Gold prices have started recovering after Democrats released the first draft of key legislation that will comprise President Joe Biden’s Covid-19 relief bill. Market is anticipating that US stimulus package is now near to fruition. Ahead of the Chinese Lunar New year, physical demand for gold in China has picked up. We have started to see premium increasing from some refineries and