Natural gas prices have experienced a decline, with current trading at approximately $2.480. This movement is accompanied by persistent negative momentum signals.
The recent trend indicates that prices have remained consistently below the $2.610 barrier, reinforcing the bearish outlook. Analysts anticipate that prices will continue to decline, potentially reaching $2.415, where significant support is noted on the chart. If this support level is breached, it could indicate a further negative shift in the market, leading to additional losses in both the short and medium term, with prices potentially dropping to $2.340 and $2.265.
Today, the expected trading range for natural gas prices is projected to be between $2.425 and $2.540.
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