Natural gas prices have begun to display a new negative trend, influenced by ongoing stability within a bearish channel. The $2.340 level continues to serve as a significant resistance barrier, leading the price to exert downward pressure on the additional support at $2.140. A break below this level would facilitate a decline towards subsequent negative targets around $2.070 and $1.950.
The anticipated trading range for today is between $2.220 and $2.070.
Trend Forecast: Bearish
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