Natural gas price forms new bullish wave – Analysis – 21-10-2021

Economies.com
2021-10-21 04:43AM UTC

Natural gas price took advantage of the support line stability at 4.880 to notice the beginning of forming bullish waves, to achieve the previously suggested target at 5.140, while stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum, to manage to resume the bullish attempts until reaching 5.385, to press on the moving average 55.

 

The expected trading range for today is between 4.950 and 5.385

 

The expected trend for today: Bullish

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