Natural gas price repeats sideways fluctuation– Forecast today – 24-8-2026
Natural gas price continued forming weak sideways trading, as Stochastic began to conflict with the negative factors after it exited the oversold zone. Meanwhile, the price continues to stabilize repeatedly below the $2.950 barrier, while the 55-period moving average remains above the current trading levels, as shown on the chart.
We recommend waiting for the price to gather additional negative momentum, which would facilitate a break below the support at $2.620 and stabilize beneath it. This would confirm the price’s readiness to resume the main bearish attack, targeting $2.430 and $2.280.
The expected trading range for today is between $2.450 and $2.850
Trend forecast: Sideways