Natural gas resumed its selloff with a long red candle on the daily time frame, signaling that further losses are likely. The commodity price is setting its sights on these next downside targets. The next potential support visible on the daily chart is at $2.100, which has held as a floor in June this year. The next floor is at $1.900 that was the bottom in April 2023. Technical indicators, however, are reflecting exhaustion among sellers. Stochastic has been in the oversold region for quite some time, suggesting that buyers might need to take over as soon as the oscillator pulls higher. RSI has just reached the ... (full story)