Natural gas price repeats the negative closings – Analysis – 6-12-2022

Economies.com
2022-12-06 05:36AM UTC

Natural gas price repeated the negative closings below 6.440 to hint its surrender to the domination of the bearish bias by consolidating near 5.650, noting that the continuous negative momentum coming by the major indicators will ease the mission of resuming the decline to target 5.300 that forms extension of historical support as appears on the chart.

 

The expected trading range for today is between 6.000 and 5.350

 

The expected trend for today: Bearish

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