Natural gas price remains red – Analysis – 30-3-2023

Economies.com
2023-03-30 06:31AM UTC

Natural gas price kept its bearish track, forming new negative waves to approach the additional support at 2.000, taking advantage of the negative pressures caused by stochastic attempt to crawl towards the oversold areas.

 

Also, the main stability within the bearish channel and forming additional resistance at 2.630 increase the chances of achieving the required break to reach the additional negative targets at 1.750 followed by reaching the historical support at 1.480.

 

The expected trading range for today is between 2.400 and 1.750

 

The expected trend for today: Bearish

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