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Natural gas price achieves the target – Forecast today – 17-5-2024
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Natural gas price achieves the target – Forecast today – 17-5-2024
May 17, 2024 1:38 AM

Natural Gas Price Analysis Expected Scenario The natural gas price succeeded in renewing bullish attempts yesterday, leveraging major indicators that provide positive momentum and the stability of the $2.240 support line, reaching the first main target at $2.520. Forming additional support at $2.410 suggests the likelihood of renewing bullish attempts, easing the mission of resuming the bullish attack and achieving new gains that might start at $2.710 and $2.880. Expected Trading Range Between $2.440 support and $2.710 resistance.

Trend Forecast: Bullish

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