Natural gas price tends towards the positivity – Forecast today – 15-3-2024

Economies.com
2024-03-15 07:59AM UTC

Natural gas price confirmed facing the negative pressures by providing new closings above the major support 1.540, to notice forming bullish wave yesterday and settling near 1.760.

 

Now, stochastic exit from the oversold areas confirms getting rid of the negative pressures, to increase the chances of gathering the required positive momentum to motivate the bullish track, which might target 1.810 followed by reaching 2.000 barrier.

 

The expected trading range for today is between 1.650 and 1.810

 

Trend forecast: Bullish

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