Advertisements

Natural Gas Prices Remain Bullish, Eyeing $4.310 Resistance

by Daisy

Natural gas prices have maintained their stability within the bullish channel, with the $3.750 level providing solid support. This has allowed the market to achieve gains, rallying toward $4.150 yesterday.

A divergence between key indicators suggests that sideways trading may continue, as the market waits for additional positive momentum. This would support a potential move toward the next resistance level at $4.310. A breakout above this level could pave the way for further medium-term gains.

Advertisements

The expected trading range for today is between $3.850 support and $4.310 resistance.

Advertisements

Trend Forecast: Bullish

You May Also Like

blank

Futuresstocktrading.com is a comprehensive futures information portal. Whether you’re a novice or seasoned trader, find futures news, futures market, futures trading tips, and futures basic knowledge to enhance your trading prowess and financial success.

[Contact us: [email protected]]

© 2023 Copyright  Futuresstocktrading.com – Futures Market, Investment, Trading & News