Natural gas price moves away from the support – Analysis – 8-12-2022
Economies.com
2022-12-08 05:29AM UTC
Natural gas price continued to form positive waves to move away from 5.350 support line in order to reinforce the chances of resuming the bullish attempts for the near term and medium term period, to settle near the first target at 5.900.
The price needs to get strong positive momentum to manage to press on 6.200 obstacle, reminding you that it is important to surpass it to extend trades towards the additional targets at 6.550 and 7.200.
The expected trading range for today is between 5.550 and 6.200
The expected trend for today: Bullish
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