Natural gas price prepares for new decline – Analysis – 28-3-2023

Economies.com
2023-03-28 05:53AM UTC

Natural gas price started to get the additional negative momentum by stochastic attempt to crawl below 50 level, to agree the main negative stability within the bearish channel and settles near 2.250.

 

Also, the stability of the additional barrier at 2.650 allows us to keep the negative overview, reminding you that the initial negative targets are located near 2.000 followed by reaching 1.750.

 

The expected trading range for today is between 2.600 and 2.000

 

The expected trend for today: Bearish

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