Natural Gas Price Analysis
Expected Scenario
Natural gas price approached the awaited target near 2.225$, but it rebounded bullishly to close positively yesterday, settling near a resistance line visible on the chart. Currently, the expectation is for the price to resume its negative trajectory, targeting areas around 2.100$ as the next bearish station.
Moving below the MA55 (Moving Average 55) supports the continuation of the anticipated bearish wave, which remains valid unless there is a break above 2.580$ followed by a sustained hold above this level.
Expected Trading Range
- Support: 2.250$
- Resistance: 2.420$
Trend Forecast: Bearish
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