Advertisements

Natural Gas Prices Succumb to Downward Pressures – March 13, 2024 Forecast

by Jennifer

Natural gas prices extended their descent, forming additional negative trends and touching the 1.700 level, influenced by significant indicators contributing to the prevailing negative momentum.

It’s noteworthy that the consistent trading below the 2.000 barrier reinforces our inclination towards bearish positions, with an anticipation of a potential decline towards 1.625 shortly. This trajectory is expected to be followed by renewed pressure on the critical support level at 1.540.

Advertisements

The projected trading range for today is anticipated to fluctuate between 1.840 and 1.620.

Advertisements

Trend Forecast: Bearish

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