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Natural gas price forms strong positive rally – Forecast today – 23-4-2024
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Natural gas price forms strong positive rally – Forecast today – 23-4-2024
Apr 23, 2024 12:18 AM

Natural Gas Price Analysis Expected Scenario Natural gas price faced strong positive pressures yesterday to manage to surpass 2.000$ barrier and press on the MA55 by reaching 2.090$ and holding near it, while the price needs new close above 2.000$ to manage to take advantage of the positive momentum coming by stochastic to confirm moving to the bullish track and start recording additional gains that might extend towards 2.240$ followed by 2.500$ on the medium term basis. Expected Trading Range Between 2.050$ and 2.250$.

Trend Forecast: Bullish

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