Natural Gas Price Fundamental Daily Forecast – Testing Major Retracement Area at $2.647 to $2.585
The main trend is up according to the daily swing chart, but the selling has taken the market dangerously close to the last main bottom at $2.575. A test of the 50% to 61.8% retracement zone at $2.647 to $2.585 could attract some speculative buyers to slow down the selling pressure.