Forex Analysis & Reviews: Elliott wave analysis for Natural Gas for October 7, 2021

Natural gas article from September 15

Yesterday, natural gas peaked at 6.46. It is time for a correction towards 5.26 and maybe even closer to 4.75 before the natural gas can take off again to way above the peak at 6.46.

Inflation may weigh on the economic recovery. Once the correction in crude oil and natural gas is completed and prices rise to new highs, it will become much more painful to the global economies.

Analysis are provided by InstaForex