Category: Forex News, News

Natural gas price settles below the resistance– Forecast today – 1-9-2025

Natural gas price continued forming bullish correctional trading, to test the neckline of the head and shoulders pattern by reaching $3.050, but it will not affect the main bearish track, depending on the resistance at $3.170.

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Stochastic reach to the overbought level confirms surpassing the positive pressure, increasing the chances for gaining the required negative momentum, to activate the negative attempts to reach $2.850, to repeat the pressure on $2.650 barrier.

 

The expected trading range for today is between $2.850 and $3.100

 

Trend forecast: Bearish




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