Advertisements

Natural Gas Price Maintains Position Above Moving Average

by Jennifer

In a testament to its ongoing resilience, the natural gas price has sustained a favorable stance above the MA55 benchmark, currently situated at 2.700. This steadfast positioning serves to affirm the earlier indicated optimistic outlook, with the price exhibiting slight fluctuations around the 2.860 mark at present. Notably, the attainment of additional positive momentum becomes imperative to fortify the potential resurgence of a bullish onslaught, facilitating an eventual breakthrough of the 3.100 threshold. This achievement would be a precursor to setting sights on the subsequent pivotal objective at 3.550.

Anticipated market activity for the day is foreseen to unfold within the confines of the range spanning 2.650 to 3.100.

Advertisements

Today’s projected trajectory maintains a bullish inclination.

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]]