Natural Gas price achieves the first negative target – Analysis – 2-7-2019

Economies.com
2019-07-02 07:49AM UTC

Natural gas price surrendered to the negative pressures to notice reaching the first target at 2.225 that forms additional support against the negative trading, expecting the price fluctuation within intraday sideways range until gathering new negative momentum to increase the chances of breaking this obstacle to target new negative levels that start at 1.930 followed by 1.622 levels.

 

The expected trading range for today is between 2.400 and 1.930

 

The expected trend for today: Bearish

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