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Natural gas price needs new momentum – Forecast today – 25-4-2024
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Natural gas price needs new momentum – Forecast today – 25-4-2024
Apr 25, 2024 12:20 AM

Natural Gas Price Analysis Natural gas price postponed the bullish attack and formed temporary negative wave caused by stochastic exit from the overbought areas, to test $2.000 and settles near it.

We expect to form some sideways trades until gathering the additional positive momentum to manage to renew the bullish attempts, assuring the importance of rallying above the MA55 at $2.070 to ease the mission of reaching the next main target at $2.270. The expected trading range for today is between $1.960 and $2.100.

Trend forecast: Bullish

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