Natural gas price confirms the positivity – Forecast today – 24-4-2024
Economies.com
2024-04-24 05:43AM UTC
Natural Gas Price Analysis
Expected Scenario
- Natural gas price provided new positive close above 2.000$ level, confirming moving to the bullish track and noticing its fluctuation above the MA55 to settle near 2.130$.
- The major indicators provide the positive momentum to push the price to form a strong bullish rally in the near-term period, to expect surpassing the first target at 2.250$ and open the way to resume the bullish trades that might target the next barrier at 2.500$.
Expected Trading Range
Between 2.050$ support and 2.250$ resistance.
Trend Forecast: Bullish
Commodities News
Commodities
Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Commodities
Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities Technical Analysis
Commodities
Update: Silver price resumes the bullish track
2024-05-17 15:23PM UTC
Silver price rallied upwards strongly to breach 29.80$ level and approach 31.00$ barrier, to stop ...
Commodities
Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price hovers around the EMA50 that ...
Commodities
Crude oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price shows slight negative trades ...