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Natural gas price moves slowly – Forecast today – 8-4-2024
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Natural gas price moves slowly – Forecast today – 8-4-2024
Apr 7, 2024 11:59 PM

Natural Gas Price Analysis Expected Scenario The Natural Gas price repeated slow sideways trades, moving between the major levels represented by $2.000 resistance and $1.540 support line. Staying neutral is recommended until the price gathers positive momentum to surpass the mentioned barrier and regain bullish bias, targeting positive stations starting at $2.150 and $2.300. Expected Outcome The Natural Gas price is expected to continue its slow sideways movement until it gathers sufficient positive momentum to break above the $2.000 resistance level and potentially target positive stations at $2.150 and $2.300.

Expected Trading Range Between $1.650 support and $1.900 resistance.

Trend Forecast: Neutral

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