Natural gas price repeats the negative attempts– Analysis – 27-11-2019
Economies.com
2019-11-27 08:10AM UTC
Natural gas price kept its negative stability in its last trading below the moving average 55, which increases the strength of the barrier at 2.754, to begin forming negative trading and achieving 2.536 level.
Note that stochastic decline from the oversold level will increase the negative pressures, to expect targeting new negative levels that begin at 2.220 reaching to the critical support at 1.600.
The expected trading range for today is between 2.700 and 2.220
The expected trend for today: Bearish
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