Natural gas price continued resisting stochastic negativity, to settle above $3.050 support and its rally towards $3.250 level, to confirm the previously suggested bullish scenario.

 

Gathering bullish momentum in the current period trading is important to surpass the barrier at $3.520, to begin recording several gains by its rally towards $3.910 initially, while breaking the current support and holding below it will confirm its move to a new bearish phase, which forces it to suffer more losses by reaching $2.850 and $2.660.

 

The expected trading range for today is between $3.000 and $3.450

 

Trend forecast: Bullish