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Natural gas price ends the bearish correctional decline– Forecast today – 3-6-2024
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Natural gas price ends the bearish correctional decline– Forecast today – 3-6-2024
Jun 3, 2024 1:53 AM

Natural Gas Price Analysis Expected Scenario Natural gas price succeeded in getting rid of the negative pressures by its stability above the support at 2.520$, forming a positive price gap in this morning's trading to settle near 2.7000$. Stochastic's exit from the oversold level will provide a chance for gathering positive momentum again, making us prefer the bullish attempts to reach 2.9100$, which forms the extension of the main resistance. Expected Trading Range Between 2.650$ support and 2.910$ resistance.

Trend Forecast: Bullish

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