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Natural gas price keeps the negativity – Forecast today – 17-4-2024
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Natural gas price keeps the negativity – Forecast today – 17-4-2024
Apr 17, 2024 12:07 AM

Expected Scenarios No change to natural gas price negative track for now. Negative momentum coming from major indicators. Touching 1.665 level yesterday, approaching the first suggested target. Continuous negative pressures and settling below $2.000 barrier will increase efficiency of bearish track. Expecting attack on historical support at 1.540 soon. Breaking this support may lead to additional losses extending towards $2.350 and $2.200 initially. Expected Range for Today The expected trading range for today is between $1.780 and $1.540.

Trend Forecast: Bearish

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