Natural Gas Price Applies Downward Pressure on Support Level

Natural gas prices have effectively garnered additional negative momentum, resulting in a sharp decline towards the support line at 3.810. This aligns with the previously identified bearish targets.

The sustained negative momentum, as indicated by major indicators, heightens the likelihood of breaking the current support. This would signify the resumption of the decline, with the next anticipated targets at 2.680 and further down at 2.550.

The expected trading range for the day is projected to fluctuate between 2.850 (resistance) and 2.680 (support).

Anticipated Trend for Today: Bearish