No news for natural gas price – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:37AM UTC

Expected Scenarios:

  1. Natural gas price is still affected by the contradiction between major indicators.
  2. It continues to form weak waves by settling near the $1.860 level.
  3. Success in holding above $1.810 might motivate the bullish track for now.
  4. Expectation of attacking the $2.000 barrier.
  5. If the $2.000 barrier is surpassed and held above, it will confirm the move to the bullish track.
  6. Expectation of forming a strong bullish rally targeting positive stations starting at $2.150 and $2.250.

Expected Trading Range:

  • The expected trading range for today is between $1.800 and $2.000.

Trend forecast: Bullish

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