Natural gas prices continue to be under pressure, influenced by negative momentum from key technical indicators and resistance at the $2.250 level. This has led to a new downward wave, with prices recently dropping to $2.060.
The outlook suggests that the bearish trend will persist, with potential declines targeting the primary support levels at $1.950 and subsequently $1.870.
Today’s expected trading range for natural gas is between $1.950 (support) and $2.160 (resistance).
Trend Forecast: Bearish
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