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Natural gas prices maintained their upward trajectory today, opening with a bullish gap and surging above the $2.830 mark. The commodity saw further gains, reaching a high of $2.940.
As stochastic indicators suggest strengthening positive momentum, there is an increased likelihood of the price targeting the key resistance level at $3.030. Successfully surpassing this threshold could pave the way for further gains, potentially driving prices toward the $3.120 and $3.200 levels.
The expected trading range for natural gas today is between $2.850 and $3.030.
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