No news for natural gas price – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:37AM UTC

Expected Scenarios:

  1. Natural gas price is still affected by the contradiction between major indicators.
  2. It continues to form weak waves by settling near the $1.860 level.
  3. Success in holding above $1.810 might motivate the bullish track for now.
  4. Expectation of attacking the $2.000 barrier.
  5. If the $2.000 barrier is surpassed and held above, it will confirm the move to the bullish track.
  6. Expectation of forming a strong bullish rally targeting positive stations starting at $2.150 and $2.250.

Expected Trading Range:

  • The expected trading range for today is between $1.800 and $2.000.

Trend forecast: Bullish

Commodities News

Gold News

Commodities

Gold surpasses $2400 for first time ever
2024-04-16 20:03PM UTC
Gold prices rallied on Tuesday and scaled fresh record highs on strong haven demand, as global ...
Oil News

Commodities

Oil prices hover near two-week lows as markets expect little response from Israel to Iran's attacks
2024-04-16 13:17PM UTC
Global oil prices fell in American trade on Tuesday, approaching two-week lows as the US now ...
Gold News

Commodities

Will gold prices scale $3000 an ounce in 2024?
2024-04-16 11:59AM UTC
Gold prices continued to move in a positive zone and approached the record highs scaled last week ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 16-04-2024
2024-04-16 09:52AM UTC
Brent Oil Price Forecast Brent oil price finds solid resistance at 90.90$, to show negative ...
Oil Analysis

Commodities

Crude oil price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Crude Oil Price Forecast Crude oil price trades negatively to press on 85.45$ support line, ...
Silver Analysis

Commodities

Silver price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Silver Price Forecast Silver price faces clear negative pressure now, to approach the key ...