Still no news for natural gas price – Analysis – 18-5-2023
Economies.com
2023-05-18 05:52AM UTC
Natural gas price didn’t move until this moment, affected by the contradiction between the major indicators, which hinders the chances of renewing the negative attempts, to repeat the fluctuation near 2.350, while the frequent stability below the additional barrier 2.500 allows us to keep the bearish overview, waiting to gather the additional negative momentum to start targeting the negative stations by crawling towards 1.950 followed by pressing on the historical support 1.480.
The expected trading range for today is between 2.400 and 2.000
The expected trend for today: Bearish
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