Natural gas price crawls positively – Analysis – 25-5-2023

Economies.com
2023-05-25 06:59AM UTC

Natural gas price started to form positive crawl, taking advantage of the frequent stability above 1.950 level, in addition to getting positive momentum by stochastic.

 

These factors will increase the chances of recording the correctional targets, located near 2.850 and 3.150, to face the extension of the bearish channel’s resistance that appears on the chart.

 

The expected trading range for today is between 2.350 and 2.850

 

The expected trend for today: Bullish

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