Natural Gas Price Analysis
Expected Scenario
- Natural gas price returned to form weak sideways trades by fluctuating near 2.000$ level, affected by the major indicators’ attempt to provide the negative momentum recently.
- Note that it is important to gather the positive momentum to manage to hold above 1.920$ again, to form strong motive to activate the bullish track, which eases the mission to reach the positive stations near 2.100$ and 2.270$.
Expected Trading Range
Between 1.960$ and 2.100$
Trend Forecast: Bullish