Natural gas price repeats the negative closings – Analysis – 30-1-2023
Economies.com
2023-01-30 05:45AM UTC
No change to natural gas price bearish track that keeps moving within the bearish channel, in addition to the stability of 3.500 barrier, to increase the chances of resuming the negative attack in the near term and medium term period.
Gathering the additional negative momentum allows us to expect moving towards 2.600 soon, and breaking this obstacle will push the price to reach the bearish channel’s support line at 2.300.
The expected trading range for today is between 3.400 and 2.600
The expected trend for today: Bearish
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