Natural Gas regains the smile and revisits $2.60

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Natural Gas regains the smile and revisits $2.60
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Natural Gas regains the smile and revisits $2.60 Gas Commodities Energy

Against that, another test of the 2023 low in the sub-$2.00 region should not be ruled out, while the $3.00 mark continues to cap occasional bullish attempts for the time being. Above this region, natural gas should meet temporary resistance at the 55-day SMA at $3.145, just ahead of the Fibo retracement of the December-February drop at $3.182.Natural Gas levels to watch

At the moment, Natural Gas prices are advancing 6.87% at $2.594 and faces the next up-barrier at $3.009 seconded by $3.145 and finally $3.182 . On the downside, a break below $1.967 would expose $1.795 and then $1.605 .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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