Natural gas price prepares for new decline – Analysis – 21-11-2023
Economies.com
2023-11-21 05:20AM UTC
Natural gas price provided new negative close below the neckline of the head and shoulders’ pattern at 3.050, to confirm surrendering to the domination of the previously suggested bearish bias, also, stochastic crawl towards the oversold areas will increase the negative pressures to keep our expectations to target 2.7500 support line soon, while breaking it will confirm moving to the next negative station to target 2.550 direct.
The expected trading range for today is between 3.050 and 2.750
The expected trend for today: Bearish
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