Natural gas price gets ready to rise – Analysis – 13-05-2021

Economies.com
2021-05-13 05:24AM UTC

Natural gas price succeeded to face temporary negative pressures by providing positive closes above the bullish channel’s support at 2.855, to confirm its readiness to form strong bullish waves in the near and medium period.

 

Stochastic attempts to reach 80 level to provide the required positive momentum, to record the main targets near 3.070 and 3.220 in the current period trading.

 

The expected trading range for today is between 2.880 and 3.070

 

The expected trend for today: Bullish

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