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Natural gas price fluctuates above the support – Forecast today – 20-6-2024
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Natural gas price fluctuates above the support – Forecast today – 20-6-2024
Jun 20, 2024 4:07 AM

Natural gas price still consolidated above the minor bullish channels support line at 2.830$ until this moment, keeping the chances of activating the previously suggested bullish attack, noticing the stability of the MA55 near the major support to increase the chances of gathering the required positive momentum to record the positive targets near 3.150$ and 3.500$.

On the other hand, declining below the support and providing negative close will cancel the positive overview to start forming correctional bearish waves that might push it to reach 2.620$ and 2.450$.

The expected trading range for today is between 2.850$ and 3.150$

Trend forecast: Bullish

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