Natural gas price is confined within sideways track – Analysis – 25-11-2022

Economies.com
2022-11-25 06:56AM UTC

Natural gas price repeated forming mixed trades affected by the contradiction of the major indicators, hinting postponing the bullish attack by consolidating below 7.650.

 

We expect the price to move between the additional support at 6.750 and 7.650 resistance by forming solid obstacle against the bullish attempts, reminding you that succeeding to achieve the required breach will allow it to reach the positive targets 8.100 and 8.450 levels.

 

The expected trading range for today is between 6.900 and 7.650

 

The expected trend for today: Sideways

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