Natural gas prices have begun the day with a bearish gap, breaking below the $3.190 level, confirming the continuation of the previously anticipated correctional bearish trend.
With the stochastic indicator moving toward oversold territory, negative pressures are expected to intensify throughout today’s session. The price is likely to experience further losses, potentially targeting $2.980, followed by the next support level at $2.920.
The projected trading range for today is between $2.980 and $3.300.
Trend Outlook: Bearish
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