Natural Gas Prices Experience Sideways Movement

by Yuki

Natural gas prices have entered a phase of sideways fluctuation after reaching the $2.690 mark. This consolidation aims to build the necessary positive momentum to continue the previously anticipated bullish trend.

The price remains stable above key support levels at $2.320 and $2.520, with the latter attempting to establish an additional support line. These factors bolster a bullish outlook, with expectations set for a target of $2.780.

For today, the anticipated trading range is between $2.520 and $2.780.

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