Natural gas price loses the negative momentum – Analysis – 23-3-2023
Economies.com
2023-03-23 06:09AM UTC
Natural gas price lost its negative momentum by stochastic exit from the oversold areas, to provide weak sideways trades and attempt to settle near the additional barrier at 2.750.
These factors allow us to wait to gather the negative momentum to ease the mission of providing new bearish waves and repeat the pressure on the psychological support at 2.000, while breaking it might extend trades towards 1.750 and 1.550 direct.
The expected trading range for today is between 2.600 and 2.250
The expected trend for today: Bearish
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