Natural gas price awaits the negative momentum – Analysis – 27-3-2023

Economies.com
2023-03-27 05:55AM UTC

Natural gas price provided more sideways fluctuation and settled near 2.300 without recording any new negative target, affected by the continuous contradiction between the major indicators until this moment, while the main stability within the bearish channel and the stability of the additional barrier 2.800 allow us to wait to gather the additional negative momentum and start forming new bearish waves to target 2.000 followed by 1.750 levels.

 

The expected trading range for today is between 2.600 and 2.000

 

The expected trend for today: Bearish

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