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Natural gas prices have recently surged to a peak of $2.690. However, a persistent lack of positive momentum could lead to sideways trading, with a potential retest of the support level at $2.610.
Conversely, if prices successfully break above this recent high and maintain that level, it may signal a renewed bullish trend. This could drive prices toward the next targets of $2.735 and $2.780.
Today’s anticipated trading range for natural gas is between $2.620 and $2.690.
Related topic:
How Much Natural Gas Does a Water Heater Use?
