Natural Gas price hints the positivity – Analysis – 17-1-2019

Economies.com
2019-01-17 08:26AM UTC

Natural gas price succeeded to hold above 2.880 support line recently, to reinforce the bullish attempts by rallying towards 2.940, while the consolidation of the moving average 55 around the current support besides stochastic attempt to exit the oversold areas form factors that agree the suggested positivity, expecting to rally towards 4.050 followed by reaching 4.650.

 

Expected trading range for today is between 3.250 and 4.050

 

Expected trend for today: Bullish

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