Natural Gas
Natural gas pulled back as traders rushed to take profits near yearly highs. Cold weather boosts demand, but some traders believe that it’s time to take money off the table.
If natural gas stays below the $3.95 level, it will move towards the support level at $3.55 – $3.60.
WTI Oil
WTI oil tests new highs as traders focused on potential supply disruptions from new U.S. sanctions on Russian oil.
From the technical point of view, WTI oil climbed above the resistance at $77.00 – $77.50 and is moving towards the next resistance at $80.00 – $80.50.
Brent Oil
Brent oil tests resistance at $81.00 – $81.50 amid broad rally in the oil markets.
In case this test is successful, Brent oil will head towards the next resistance level at $84.00 – $84.50. RSI is in the overbought territory, so the risks of a pullback are increasing.
Natural Gas Price Forecast
Every new Natural Gas analysis as it publishes, today's technical signal and key levels, live price — on one page.
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