Natural gas price failed to crawl below 50% Fibonacci correction level that forms additional support at 7.600, to force it to postpone the negative attack and cover some losses by rallying towards 8.450.

In general, the negative stability below 9.050 resistance forms the main factor to reinforce the domination of the bearish bias for the upcoming trading, thus, we will keep waiting to gather the negative momentum to assist to renew the pressure on the mentioned support, while breaking it will extend trades towards 7.330 and 7.050 levels.

The expected trading range for today is between 8.650 and 7.550

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0519	-0.0071	0.6720%
Midday update for the EURUSD 06-12-2022
	GBP/USD	1.2215	-0.0091	0.7364%

	Silver	22.493	-0.664	2.867%

	Oil	75.915	-5.560	6.824%
Midday update for Crude oil 06-12-2022
	Brent Oil	81.72	-1.30	1.57%

	Gold	1779.145	-16.415	0.914%
Midday update for Gold 06-12-2022

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2022-12-05 11:29:04 GMT

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