For the past two days natural gas has been trading in an area of possible support around 1.61/1.60. Wednesday closed right at that price zone. But a daily close below 1.60 will indicate further weakness and an increased likelihood that selling could continue and not reverse at 1.60. That would put the next lower target zone of 1.52 in sight. That price area is part of the…
This story from fxempire.com was posted on 2024-02-16 by @beewild.