Natural Gas Prices Seek Recovery Amid Bearish Momentum

by Yuki

Natural gas prices are witnessing renewed downward movement in an effort to break away from the prevailing bearish trend, as indicated by recent chart analysis. This reinforces expectations of a continued decline, with initial targets aimed at breaching the $2.225 mark to potentially rally towards $2.100.

Analysts maintain a cautious outlook, predicting a sustained bearish trend in the near term unless there is a decisive breach above $2.580 and a subsequent hold above this level.

Today’s anticipated trading range is projected to fluctuate between $2.200 and $2.400.

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