Natural gas prices concluded yesterday’s trading session by successfully breaching the $2.690 barrier, confirming a prevailing bullish bias. The price is now approaching the next significant target of $2.780.
The continuous positive momentum from key indicators, coupled with solid support at $2.610, allows for expectations of a new bullish rally. This could lead prices to target the $2.860 level, with the potential to reach further resistance at $2.970.
The expected trading range for today is between a support level of $2.660 and a resistance level of $2.860.
Trend Forecast: Bullish
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