
Forecast of Natural Gas Prices – Natural Gas Markets Continue Meandering
The natural gas market has fluctuated throughout the day on Thursday, as prices continue to hover around $9.
The natural gas market has fluctuated throughout the day on Thursday, as prices continue to hover around $9.
The gold market has declined slightly during Thursday’s trading session as investors anticipate Friday’s employment report.
Oil is essential for industry and households. When the price of Oil increases, Business costs will increase accordingly. Factors that increase oil prices include economic growth. Production plans of manufacturers in the world market temperature in some countries political stability exchange rate and support for alternative energy.
During Tuesday’s trading session, natural gas markets fell again, as it appears we are attempting to break free of the $9 level.
Tuesday’s trading session saw a slight decline in gold prices, as we continue to hover near the same support gap that we tested on Monday.
During Tuesday’s trading session, silver prices have moved a tad lower but continue to find some support underneath.
Monday’s trading session saw a little crude oil market rally, as it appears we are attempting to continue the breakout from the falling wedge.
Gold markets fell initially during Monday’s trading session, but have since shown signs of life as they cling to the $1750 support level.
On Monday, natural gas markets plummeted to the $9.00 level, displaying signals of weakness, but have since shown signs of life.
After falling sharply on Monday, silver prices have rebounded somewhat, but frankly, we are at such lows that this is hardly surprising. Now, the question is whether $18 will hold.