Advertisements

Natural Gas Price Maintains Positive Stability

by Jennifer

The price of natural gas continues to exhibit positive stability, having achieved multiple positive closings above the 3.100 level. This suggests that the previously suggested bullish bias remains dominant, with the price even touching the 3.485 level before settling below it.

While there may be some sideways fluctuations in the price due to stochastic attempts to exit the overbought areas, this is not expected to significantly impact the main bullish trajectory. Investors are advised to remain patient and await the gathering of additional positive momentum, which could facilitate breaking through the 3.500 level and reaching the next significant target at 3.750.

Advertisements

Today’s Expected Trading Range: 3.270 – 3.750

Advertisements

Today’s Trend Outlook: Bullish

You May Also Like

blank

Futuresstocktrading.com is a comprehensive futures information portal. Whether you’re a novice or seasoned trader, find futures news, futures market, futures trading tips, and futures basic knowledge to enhance your trading prowess and financial success.

[Contact us: [email protected]]

© 2023 Copyright  Futuresstocktrading.com – Futures Market, Investment, Trading & News