Natural gas price returns to the bullish track – Analysis – 4-5-2021

Economies.com
2021-05-04 05:56AM UTC

Natural gas price ended its recent trades by surpassing 2.855 level, to regain its bullish track by consolidating within the bullish channel again, expecting to get the positive momentum by the major indicators and start recording positive targets that might start at 50% Fibonacci correction level at 3.180, while surpassing it might extend trades towards 3.383 to press on the recently recorded top.

 

The expected trading range for today is between 2.840 and 3.180

 

The expected trend for today: Bullish

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