205
The natural gas price has exhibited ongoing stability below the resistance level of $2.870, reaffirming its submission to the previously indicated bearish bias. Additionally, stochastic indicators signal negative momentum, as they remain within oversold territories, thereby enhancing the likelihood of targeting negative levels, initially at $2.740, followed by the additional support level at $2.550.
Expected Trading Range
Advertisements
Today’s trading range is anticipated to fluctuate between the support level of $2.880 and the resistance level of $2.740.
Advertisements
Trend Forecast: Bearish
