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Brent Oil Price Attempts Recovery – March 6, 2025 Forecast

Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...
HomeLatestNatural Gas Price Gains Momentum: Forecast for August 22, 2024

Natural Gas Price Gains Momentum: Forecast for August 22, 2024

Natural gas prices have remained stable above the MA55 and are attempting to surpass the 50% Fibonacci retracement level at $2.340, indicating a potential continuation of the bullish trend.

With Stochastic indicators showing additional positive momentum, the price is expected to breach this resistance, targeting $2.450 and $2.530 as the next key levels.

Today’s expected trading range is $2.300 to $2.450.

Trend Forecast: Bullish

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