Natural Gas Price Analysis
Expected Scenario
- Natural gas price has postponed the activation of the bullish track, with frequent closings below the $2.000 barrier.
- Formation of negative waves and settling near $1.780 indicate the beginning of bearish sentiment.
- Expectations include gaining negative momentum from major indicators and renewing bearish attempts, with a potential target of $1.660 soon.
- Continuous negative pressures may lead to a test of historical support at $1.540.
Expected Trading Range
Between $1.880 resistance and $1.660 support.
Trend Forecast: Bearish