Natural gas price crawls upwards – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:45AM UTC
Analysis of Natural Gas Price Movement
Despite natural gas price frequent consolidation within the sideways track, and the continuous contradiction between the major indicators, rallying above 1.810$ level supports the chances of activating the bullish track again.
Stochastic stability above 50 level allows us to expect starting to gather the positive momentum, to manage to renew the pressure on 2.000$ barrier, which surpassing it will confirm moving to the bullish track, to start targeting many positive stations that might start at 2.150$ and 2.250$.
Expected Trading Range for Today
The expected trading range for today is between 1.750$ and 2.000$