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.
The expected trading range for today is between $3.850 support and $4.310 resistance.
Trend Forecast: Bullish