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Natural gas prices have continued their bullish momentum, reaching the second target level of $3.030. However, a temporary pullback towards $2.910 is anticipated due to stochastic indicators signaling a shift from the overbought zone.
Despite this short-term decline, the overall bullish trend remains intact. The market is expected to find support at $2.830, with additional positive momentum likely to drive prices toward new highs. Analysts forecast potential rally targets at $3.120 and $3.190.
The expected trading range for natural gas today is between $2.850 and $3.120.
Related topic:
How Long Will Natural Gas Last With Stabilizer?
