Natural gas price repeats the negative fluctuation – Analysis – 1-2-2023
Economies.com
2023-02-01 05:35AM UTC
No change to natural gas price bearish track due to the frequent stability within the main bearish channel, in addition to the stability of the additional barrier 3.500, to force it to form new negative waves and settle near 2.750.
The above chart shows stochastic crawl towards the oversold areas, to provide the additional negative momentum and ease the mission of reaching the bearish channel’s support line at 2.250.
The expected trading range for today is between 3.000 and 2.300
The expected trend for today: Bearish
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