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Natural gas price threats the positive stability – Forecast today – 17-6-2024
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Natural gas price threats the positive stability – Forecast today – 17-6-2024
Jun 17, 2024 2:04 AM

Natural Gas Price Analysis Expected Scenario Natural gas price started today by forming a bearish gap, settling below the 2.860$ support line as seen on the chart, expecting to hold below the broken support to initiate negative waves and potentially move towards 2.740$ and 2.550$. On the other hand, regaining the bullish bias would require a strong bullish rally to settle above the 2.950$ level, followed by targeting positive stations near 3.200$ and 3.500$. Expected Trading Range Between 2.880$ and 2.740$.

Trend Forecast: Bearish

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