Natural gas price crawls calmly – Analysis – 21-3-2023

Economies.com
2023-03-21 05:43AM UTC

Natural gas price started to form slow negative crawl, attempting to confirm breaking 2.400 level, to keep our expectations to reach the psychological barrier at 2.000 followed by extending losses towards the next main target at 1.550.

 

The above chart shows stochastic reach to the oversold areas, to increase the chances of gathering the required negative momentum to achieve the mentioned negative targets.

 

The expected trading range for today is between 2.450 and 2.000

 

The expected trend for today: Bearish

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