Natural gas price kept providing weak sideways trading by its fluctuation near $2.850 level, affected by the contradiction of the main indicators, specifically by the stability of the moving average 55 above the current trading as appears in the above image.

 

Reminding you that our bullish scenario depends on the stability of the support level at $2.620, waiting for gathering extra bullish momentum, to confirm breaching $2.920 obstacle, to attempt to reach the next positive target near $3.100.

 

The expected trading range for today is between $2.760 and $3.100

 

Trend forecast: Bullish