Natural gas prices activated the scenario of gathering the gains by reaching below the extra support at $4.750, targeting $4.580 level as appears in the above image.

 

Stochastic exit from the overbought that might increase the temporary negative pressure on the price, to expect reaching $4.420 and there is a chance for retesting the next support at $4.200, while the price success to step above $4.750 will increase the chances of forming strong bullish trading, to repeat the attempts of reaching $5.100.

 

The expected trading range for today is between $4.420 and $4.800

 

Trend forecast: Bearish