Natural gas price touches the target – Analysis – 12-12-2023

Natural gas price confirmed its affected by the domination of the bearish bias by providing frequent closings below the broken support 2.550, to notice suffering additional losses by crawling towards 2.300 target.

The price might form some sideways fluctuation until gathering the required additional negative momentum to resume the negative attack and reach the next main target at 1.950.

The expected trading range for today is between 2.500 and 2.300

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