Natural Gas Prices Surge, Approaching Key Resistance Levels

by Yuki

Natural gas prices have recently closed above the $2.140 support level, triggering a series of bullish trends and bringing the market closer to the initial target of $2.260. The stochastic indicator has started to show positive momentum, suggesting a continued upward trajectory. Prices are now expected to reach the moving average of $2.305, with potential to test the $2.340 resistance.

The anticipated trading range for today is between $2.190 and $2.340.

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