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Natural gas price is weak – Forecast today – 19-4-2024
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Natural gas price is weak – Forecast today – 19-4-2024
Apr 19, 2024 2:09 AM

Natural Gas Price Analysis Expected Scenario Despite intraday stochastic positivity, natural gas price remains negatively stable below the $2.000 barrier, signaling readiness to initiate new negative waves in the near and medium-term. New negative momentum is required to facilitate targeting the major support at $1.540. Breaching this support would likely lead to further decline towards the next negative stations at $2.220 and $2.090. Expected Trading Range Between $1.830 support and $1.540 resistance.

Trend Forecast: Bearish

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