Natural Gas price prepares for new decline – Analysis – 15-8-2019

Economies.com
2019-08-15 07:13AM UTC

The natural gas price succeeded to reach below 2.225 level, which forms an extra support against the negative attempts, confirming its surrender to the suggested bearish bias domination, and stochastic reach to the oversold level increases the chances for gaining a new negative momentum, to target new negative levels that might begin at 1.950 and 1.610.

 

The expected trading range for today is between 2.225 and 1.950

 

The expected trend for today: Bearish

 

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