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FreshForex broker
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[QUOTE="Fresh Forex, post: 230823, member: 53126"] [HEADING=2]HOW FRESHFOREX TRADERS PROFIT FROM THE DEPARTING WINTER?[/HEADING] [LEFT][IMG align="left" alt="partners"]https://freshforex.com/netcat_files/Image/f3c696db9525e5c2d0ac326e7854f056.png[/IMG][/LEFT] [B]Since the beginning of January 2024, the price of natural gas (#GAS) has been steadily following a bearish trend, nearly halving from $3.3 to $1.7![/B] FreshForex analysts continue to adhere to a short position strategy, and here are several factors influencing the current situation: [LIST] [*]Decrease in gas demand during mild weather, [*]Concerns about excess supply, as the reduction in gas production by companies Chesapeake and EQT and the decrease in gas reserves by 9 billion cubic feet have not yet triggered a market reaction, [*]Reduction in the gas consumption forecast in the US for 2024, announced by the Department of Energy, [*]Pause by the Biden administration in implementing new gas projects to expand LNG production in the US. [/LIST] [B]Have price lows been reached, and is it time to buy, or will the #GAS contract continue to decrease in value?[/B] Since the total gas reserves are 37% above the five-year average and 14% exceed the previous five-year maximum, experts believe that the situation may only change by summer when reserves approach normal levels. However, a sharp price change may occur suddenly in the case of extreme heat or other unexpected circumstances that contribute to increased demand. [B]Keep an eye on the market and ignite your #GAS trades with FreshForex under the most favorable conditions - spreads from $1.51 and margin as low as $0.69 for a minimum trade of 0.01 lot![/B] [CENTER][URL='https://cutt.ly/Vw2hlMeS'][B]Trade gas contracts![/B][/URL][/CENTER] [/QUOTE]
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