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Natural gas prices continue to trend downward, nearing the crucial $2.225 mark. A breach of this level is anticipated to confirm the extension of the bearish trend, potentially driving prices further down to target the $2.100 range.
As it stands, the bearish trend remains intact for both intraday and short-term forecasts. However, if prices rise above $2.580, the current downward movement is expected to halt, potentially reversing the trend towards an upward trajectory.
Today’s projected trading range for natural gas is between $2.180 and $2.320.
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