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Natural Gas Prices Remain Under Pressure, Stability Below Key Level

by Yuki

Natural gas prices continue to face downward pressure, with recent stability observed below the MA55 indicator, which acts as a significant barrier around $3.170. This has led to a resumption of bearish momentum, settling near $2.270.

Analysts emphasize that sustained downward pressure supports a bearish outlook, suggesting further potential losses in the near term, with expectations of a move towards $2.100, followed by a subsequent support level at $1.950.

For today’s trading, the anticipated range for natural gas prices is projected between $2.460 and $2.100.

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