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Nothing changed for natural gas price – Analysis – 17-11-2023
Natural gas price didn’t move until this morning, by fluctuating within the sideways track represented by 3.100 support and 3.300 resistance.
Note that stochastic begins to provide the additional negative momentum, which might force the price to decline below the current support to suffer some losses by moving towards 2.920 followed by pressing on the major support at 2.790.
The expected trading range for today is between 3.220 and 2.920
The expected trend for today: Bearish
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