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Jun 27, 2022 12:16 PM

NATGAS long view Long

Natural GasOANDA

Description

During the Asian trading session, the gas price fell to $ 6.00, confirming support at that level. The price didn’t stay there long and began recovering to the current $ 6.24. We can expect to get support in MA20 and MA50 poker averages at this level. That would be a positive move that could push the price to the upper resistance zone at $ 6.60. For the price, it would be great if we climbed above because then there would be a chance to see the price recover to the $ 7.00 level. We need negative consolidation and a return of up to $ 6.00 support for the bearish option. A price break below would open up potential space for us towards the $ 5.00 level.
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