Natural gas price repeats the positive attempts – Analysis – 1-2-2022
Economies.com
2022-02-01 05:08AM UTC
Natural gas price keeps its stability within the bullish track, to move away from the bullish channel’s support line at 3.625 and settle above 23.6% Fibonacci correction level that forms additional support at 4.490.
We expect to gather the additional positive momentum to start forming new bullish trades and record additional gains that might extend towards 5.540 followed by reaching the additional barrier at 6.250.
The expected trading range for today is between 4.500 and 4.540
The expected trend for today: Bullish
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