No news for natural gas price – Analysis – 2-12-2022

Economies.com
2022-12-02 07:49AM UTC

No news for natural gas price that keeps providing sideways trades despite its consolidation within the main bullish channel, as the stability of the major support 6.350 forms the major factor to confirm the continuation of the positivity that might target 7.100 and 7.650 levels.

 

On the other hand, declining below the major support and getting negative close will confirm moving to the bearish track, to expect suffering big losses by crawling towards 6.100 and 5.850 levels.

 

The expected trading range for today is between 6.400 and 7.100

 

The expected trend for today: Bullish

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