Natural Gas remains confused– Analysis – 28-4-2017

Economies.com
2017-04-28 09:20AM UTC

There is no news for gas price to keep fluctuating between the main resistance at 3.500, while the initial support at 3.050 level, reminding you that the stability of the current resistance makes us prefer the negative attempts due to the stability of the price below the bullish channel levels, to wait for gathering new negative momentum, to attempt to surpass the initial support and to resume recording the negative targets by reaching 2.750 and 2.500 in the upcoming period.

 

Expected trading range for today is between 3.400 and 3.050

 

Expected trend for today: Fluctuated

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