Natural gas price leans above the moving average – Analysis – 1-12-2022

Economies.com
2022-12-01 05:56AM UTC

Natural gas price repeated the positive closings above the moving average 55, to form additional support at 6.750 in order to confirm confining trades within the bullish track that appears on the chart.

 

Stochastic attempt to provide the positive momentum will assist to reinforce the chances of recoding many positive targets that might start at 7.200 and 7.650.

 

The expected trading range for today is between 6.800 and 7.650

 

The expected trend for today: Bullish

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