Natural gas price keeps the positive correction – Analysis – 9-3-2023

Economies.com
2023-03-09 05:30AM UTC

No change for natural gas price that keeps fluctuating above the additional support at 2.4000, in addition to stochastic positive momentum that rebounds from 20 level.

 

These factors allow us to keep suggesting the domination of the correctional bullish bias for the near term and medium term period, reminding you that the initial targets are located near 3.050 followed by 3.500.

 

The expected trading range for today is between 2.400 and 3.000

 

The expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Gold News

Commodities

Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Gold News

Commodities

Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Brent oil price shows new negative trades now in attempt to resume the correctional bearish trend, ...
Oil Analysis

Commodities

Crude oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the ...
Silver Analysis

Commodities

Silver price forecast update 03-05-2024
2024-05-03 13:53PM UTC
Silver price declines again to reach our waited target at 26.00$, waiting to break this level to ...