Natural gas price begins the bullish correction – Analysis – 19-5-2023

Economies.com
2023-05-19 07:14AM UTC

Natural gas price provided correctional bullish rally yesterday by surpassing the additional barrier at 2.500, hinting postponing the negative attack and noticing achieving some gains by moving towards 2.650, expecting to renew the correctional bullish attempts due to stochastic positive momentum signals, to target 2.900 followed by reaching the main bearish channel’s resistance at 3.200.

 

The expected trading range for today is between 2.400 and 2.900

 

The expected trend for today: Bullish

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