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Downward Momentum

All articles tagged with #downward momentum

financeenergy-markets1 year ago

"Natural Gas Prices: Forecasting New Lows and Persistent Challenges"

Natural gas prices are expected to continue falling, with a bearish trend triggered by a drop below 2.00. The strong downward momentum suggests a potential further decline below 1.95, with initial targets around 1.80 and potentially 1.61/1.60. Despite the extended downside, a bullish reversal would require a rise above 2.17.