Natural gas price remains affected by stochastic negativity, to be forced to delay the bullish rally and providing mixed trading, noticing testing the extra support at 3.610$ yesterday and holding above it.

 

We expect providing more of the sideways trading until gathering the positive momentum, to ease the mission of renewing the bullish rally and begin targeting the positive stations near 3.950$ and 4.180$, while facing new negative pressure and breaking 3.600$ level will cancel the bullish scenario for the near trading, which force the price to suffer new losses by its decline towards 3.560$ and 3.380$.

 

The expected trading range for today is between 3.600$ and 3.950$

 

Trend forecast: Bullish