Advertisements

Natural Gas Price Trends: Today’s Forecast – August 14, 2024

by Krystal

Natural gas prices showed limited movement yesterday, trading sideways within a narrow range. The price fluctuated between the resistance level of $2.230 and the moving average (MA55), which supports the additional support level at $2.140.

We advise maintaining a neutral stance until the price breaks through one of these key levels. A move above $2.230 could lead to a strong bullish trend, potentially pushing prices to $2.350 and possibly $2.440. Conversely, falling below $2.140 might signal a bearish trend, with prices potentially dropping to $1.950.

Advertisements

Today’s expected trading range is between $2.230 and $2.140.

Advertisements
Advertisements
Advertisements

You may also like

oftrb logo

Oftrb.com is a comprehensive energy portal, the main columns include crude oil prices, energy categories, EIA, OPEC, crude oil news, basic knowledge of crude oil, etc.

【Contact us: [email protected]

© 2023 Copyright oftrb.com – Crude Oil Market Quotes, Price Chart live & News [[email protected]]