Natural gas price confirms the positivity – Analysis – 28-11-2018

Economies.com
2018-11-28 07:32AM UTC

Natural gas price succeeded to test the support level at 4.050 in its last trading, which represents 50% Fibonacci correction level, and holding above it confirms the domination of the expected bullish bias domination, therefore, we will keep waiting for attacking 4.620 level initially, and surpassing it will confirm its readiness to rally to the next positive target at 5.200.

 

Expected trading range for today is between 4.050 and 4.620

 

Expected trend for today: Bullish

 

 

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