Natural Gas Price Maintains Position Above Moving Average, Indicating Bullish Momentum

Despite a recent positive rally in natural gas prices, the consistent stability above the moving average 55, particularly at 2.900, bolsters our bullish outlook for upcoming trading periods. Analysts anticipate a potential breakthrough of the 3.100 level, which would pave the way for a continuation of the bullish momentum, with additional targets at 3.550 and 3.750 on the horizon.

It’s worth noting that the expected trading range for the day lies between 2.720 and 3.100, reinforcing the prevailing bullish sentiment in the market.

Today’s expected trend remains firmly bullish as the natural gas price maintains its position above the moving average.