Natural gas prices have recently peaked at $2.690, but a persistent lack of positive momentum may lead to new sideways trading patterns, with the possibility of retesting the additional support level at $2.610.
Conversely, if the price manages to break above this recent high and establish a stable position, it could pave the way for a renewed bullish movement, targeting the next level at $2.7350, followed by an additional positive target at $2.780.
Today’s anticipated trading range is between $2.620 and $2.690.
Trend Forecast: Sideways
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