"Assessing the Volatility: Natural Gas Prices and Investment Prospects"

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Source: FX Empire
"Assessing the Volatility: Natural Gas Prices and Investment Prospects"
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TL;DR Summary

Natural gas prices showed a minor change in the pattern of declining prices, ending a consecutive decline of eight days with lower daily highs and lower daily lows. While the bear trend remains intact, a drop below 1.575 signals a likely bearish continuation, while a rally above 1.64 indicates strengthening. A daily close above 1.67 could confirm strength and potentially lead to a test of prior support levels as resistance, with a potential target at the previous swing low of 2.31.

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