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Natural Gas Price Forecast Update – September 25, 2024

Natural gas prices have recently shown some sideways movement after reaching the $2.690 level, allowing for the accumulation of the necessary positive momentum to resume the anticipated bullish trend.

The price remains stable above the significant support levels at $2.320, with attempts to establish an additional support line at $2.520. These factors contribute to a bullish outlook, with the next target set at $2.780.

The expected trading range for today is between $2.520 and $2.780.

Trend Forecast: Bullish

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