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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.