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Natural gas price crawls negatively – Forecast today – 16-4-2024
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Natural gas price crawls negatively – Forecast today – 16-4-2024
Apr 16, 2024 12:06 AM

Natural Gas Price Analysis Expected Scenario Natural gas price surrendered to the negative pressures caused by the stability of the MA55 above $2.000 barrier. In addition to stochastic additional negative momentum, to notice providing new negative crawl recently and settling near $1.700. The current negative factors allow us to keep the negative overview, waiting to crawl below $1.650 soon to manage to renew the pressure on the historical support at $1.540. Followed by monitoring its behavior to manage to confirm the next main trend. Expected Trading Range Between $1.780 and $1.540.

Trend Forecast: Bearish

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