financetom
Technology
financetom
/
Technology
/
Natural gas price begins the correction – Forecast today – 28-5-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Natural gas price begins the correction – Forecast today – 28-5-2024
May 27, 2024 11:48 PM

Natural Gas Price Analysis Expected Scenario The Natural gas price postponed the bullish attack and started the negative correction due to crawling below the 2.930$ level recently, noticing some losses by crawling towards 2.750$. Continuous negative closings below 2.900$ resistance and stochastic attempts to crawl towards the oversold areas confirm the preparation to form additional negative waves to target 2.640$ initially, followed by attempting to test the additional support at 2.520$. Expected Trading Range Between 2.900$ support and 2.640$ resistance.

Trend Forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved