Natural gas price approached its last bullish rally at $4.210, which forced it to form sideways trading, affected by stochastic exit from the overbought level, to settle near $4.110.

 

Reminding you that the stability of the trading above the extra support level at $3.830 confirms the continuation of the positive trading in the near and medium period, which makes us wait for gathering extra bullish momentum, to ease the mission of reaching the bullish channel’s resistance at $4.320, which forms a key for detecting the main trend in the upcoming trading.

 

The expected trading range for today is between $4.060 and $4.320

 

Trend forecast: Bullish