Natural gas prices are currently exhibiting mixed sideways trading patterns, maintaining stability above the support line of $2.780. As of now, prices are consolidating around the $2.830 mark, reflecting ongoing contradictions among major market indicators.
For a bullish trajectory to gain momentum, prices must first surpass the $2.920 level, which would pave the way for an attempt to breach the $3.030 barrier. Achieving these levels would open the possibility of targeting new positive stations in the near future. Conversely, if prices break below the current support level, it could lead to corrective bearish trades, potentially driving prices down to $2.670 before any further attempts to reach previously anticipated positive targets.
The expected trading range for today is between $2.800 and $3.030.
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