Natural gas price goes red – Analysis – 3-2-2023
Economies.com
4 months ago
Natural gas price has no escape from resuming the negative trades by consolidating within the bearish channel and the continuous negative momentum coming by the major indicators, to notice its crawl towards 2.440.
Stochastic fluctuation within the oversold areas will increase the negative pressures on the price to keep waiting to touch the bearish channel’s support at 2.100 followed by monitoring the price behavior to manage to detect the next main trend.
The expected trading range for today is between 2.750 and 2.100
The expected trend for today: Bearish
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