The price of natural gas is moving in a downtrend on the weekly frame, as it fell from the price of 2.80 from November last year until it reached 1.45 last month
We note a false break of the support level 1.60, which is the lowest gas level reached in February 2016
On the four-hour frame, we notice the price reaching a saturation of my selling on the RSI, and the upside scenario will be available if the price breaks 1.65-1.70 levels and then re-tests it to be the first targets at 2.05-2.10 levels
Trading range 1.60-1.65
The expected trend is to the upside with conditions
