Natural gas price declines calmly – Analysis – 29-3-2023

Economies.com
2023-03-29 06:29AM UTC

Natural gas price confirmed its surrender to the domination of the bearish bias, to keep its consolidation below the additional barrier at 2.650 and notice the beginning of forming new negative crawl, to touch 2.150 level.

 

Also, stochastic reach to the oversold areas will increase the negative pressures, to ease the mission of breaking 2.000 level, waiting to move towards the additional stations at 1.750 and 1.480.

 

The expected trading range for today is between 2.450 and 2.000

 

The expected trend for today: Bearish

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