Natural gas price resumes the rise – Analysis – 14-6-2021
Economies.com
2021-06-14 05:20AM UTC
Natural gas price succeeded to surpass 3.210 barrier recently, to resume its bullish rally caused by its consolidation within the bullish channel that appears on the chart.
Also, stochastic attempt to crawl towards the overbought areas will increase the chances of forming strong bullish rally soon, expecting to target many positive levels that start at 3.410 followed by reaching 61.8% Fibonacci correction level at 3.590.
The expected trading range for today is between 3.210 and 3.410
The expected trend for today: Bullish
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