Latest Articles

Trump Victory Sends USD, Bitcoin, U.S. Stock Futures, and Treasury Notes to Record Highs

NEW YORK – Global markets surged following the announcement that Donald Trump would be declared the 47th President of the United States, sending the...
HomeOilNatural Gas Prices Hit Target – Market Forecast for November 12, 2024

Natural Gas Prices Hit Target – Market Forecast for November 12, 2024

Natural gas prices have successfully confirmed the continuation of their bullish trend, surpassing the 2.850$ resistance level and reaching the first target at 2.970$.

With ongoing positive momentum supported by key technical indicators, the bullish outlook remains strong. As a result, prices are expected to continue rising, potentially reaching 3.030$ and later targeting the recent high of 3.120$.

Expected Trading Range for Today: 2.860$ – 3.030$

Trend Forecast: Bullish

Related topics: