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Natural gas price presses on the barrier – Forecast today – 25-6-2024
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Natural gas price presses on the barrier – Forecast today – 25-6-2024
Jun 25, 2024 12:11 AM

Natural Gas Price Analysis Expected Scenario Natural gas price took advantage of the frequent consolidation above the MA55, to notice the continuous strong positive pressures on 2.530$ barrier in order to find a way to resume the bullish attempts that might target 2.530$ key resistance soon, which forms the key to confirm the next trend. The risks of changing the bullish trend and starting to activate the bearish track will appear in case the price attempted to crawl below 2.350$ support line, which might force it to suffer many losses by moving towards 2.220$ and 2.120$. Expected Trading Range Between 2.450$ support and 2.610$ resistance.

Trend Forecast: Bullish

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