{"id":39488,"date":"2025-03-19T17:42:08","date_gmt":"2025-03-19T20:42:08","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/19\/natural-gas-price-forecast-rises-to-five-day-high\/"},"modified":"2025-03-19T17:42:08","modified_gmt":"2025-03-19T20:42:08","slug":"natural-gas-price-forecast-rises-to-five-day-high","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/19\/natural-gas-price-forecast-rises-to-five-day-high\/","title":{"rendered":"Natural Gas Price Forecast: Rises to Five Day High"},"content":{"rendered":"

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Trendline Resistance<\/h2>\n

Nonetheless, the rising trendline may continue to mark resistance on the way up and therefore hampers the potential of a rally. It is also important to note that this week\u2019s price action is contained within the price range from last week. Last week\u2019s high of $4.90 established a new high for the uptrend, but it was followed by sellers taking control. Subsequently, the week ended with a bearish looking relatively wide range candlestick pattern. Since sellers dominated price action last week, downward pressure may continue.<\/p>\n

Potential for Falling ABCD Pattern<\/h2>\n

Therefore, it looks like a rally may establish a lower swing low and the CD leg of a declining ABCD pattern. The first downswing from last week\u2019s high generated the AB leg of the pattern. Also, note that there is a bearish divergence with the relative strength index (RSI). That also implies continued downward pressure. That may change if the trendline on the RSI window is broken to the upside.<\/p>\n

Above $4.38 Improves Bull Thesis<\/h2>\n

Natural gas would first need to rise above last Wednesday\u2019s high of $4.38 and stay above it for the above bearish thesis to begin to change. That would show continued strength and show a reclaim of the January prior trend high of $4.37. If further signs of strength followed, then natural gas would have a chance to challenge and possibly exceed the recent trend high.<\/p>\n

50-Day Line is Key<\/h2>\n

On the downside, the 50-Day MA is critical support for the near-term angle of ascent. However, notice that the recent angle of the trend is higher than it has been. Since the $2.99 swing low from January was well below the 50-Day line, it could easily be broken again.<\/p>\n

For a look at all of today\u2019s economic events, check out our\u00a0economic calendar<\/a>. <\/b><\/p>\n<\/div>\n

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[ad_1] Trendline Resistance Nonetheless, the rising trendline may continue to mark resistance on the way up and therefore hampers the potential of a rally. It is also important to note that this week\u2019s price action is contained within the price range from last week. Last week\u2019s high of $4.90 established a new high for the uptrend, but it was followed by sellers taking control. Subsequently, the week ended with a bearish looking relatively wide range candlestick pattern. Since sellers dominated price action last week, downward pressure may continue. Potential for Falling ABCD Pattern Therefore, it looks like a rally may establish a lower swing low and the CD leg of a declining ABCD pattern. The first downswing from last week\u2019s high generated the AB leg of the pattern. Also, note that there is a bearish divergence with the relative strength index (RSI). That also implies continued downward pressure. That may change if the trendline on the RSI window is broken to the upside. Above $4.38 Improves Bull Thesis Natural gas would first need to rise above last Wednesday\u2019s high of $4.38 and stay above it for the above bearish thesis to begin to change. That would show continued strength and show a reclaim of the January prior trend high of $4.37. If further signs of strength followed, then natural gas would have a chance to challenge and possibly exceed the recent trend high. 50-Day Line is Key On the downside, the 50-Day MA is critical support for the near-term angle of ascent. However, notice that the recent angle of the trend is higher than it has been. Since the $2.99 swing low from January was well below the 50-Day line, it could easily be broken again. For a look at all of today\u2019s economic events, check out our\u00a0economic calendar. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":39489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-39488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=39488"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/39489"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=39488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=39488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=39488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}