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United States Natural Gas Fund Breaks Above 200-Day Moving Average
Source: Nasdaq
Energy Markets & PricesMarket Technicals & Flows
United States Natural Gas Fund LP (UNG) rose about 6.8% Thursday, reaching an intraday high of $11.67 and crossing above its 200-day moving average of $11.47. The technical breakout signals improved near-term momentum for the natural-gas-linked ETF, though the report provides no underlying commodity-market catalyst.
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