In recent trading sessions, natural gas prices have demonstrated a positive upswing, benefiting from a stochastic rally. The market managed to break through the MA55 indicator, settling at around 2.750.
Market analysts suggest that a significant breakthrough above the 2.800 resistance level is needed to pave the way for the previously proposed bullish momentum. It’s important to recall that the initial price targets lie in the vicinity of 3.100 and 3.500.
For today’s trading outlook, experts anticipate a range between 2.650 and 3.000, with an overall bullish trend in sight.
Please note that all trading decisions should be made with due consideration to the current market conditions and professional guidance.
Anticipated Price Trend for Today: Bullish
