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The price of natural gas continues to exhibit positive stability, firmly holding above the crucial support level at 2.400. Recent price action indicates an effort to establish bullish momentum, with prices settling near 2.750. Furthermore, key indicators in the market are aligning to support this positive momentum, making the prospect of a further upward movement more achievable.
It’s worth noting that the initial price targets within this bullish trajectory are situated around the 3.100 and 3.550 levels.
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Today’s anticipated trading range falls between 2.600 and 3.100, with the overall trend expected to remain bullish.
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