The price of natural gas continued forming bullish waves, holding near the first target at $3.150. Despite the divergence in key indicators, the overall stability above the $2.620 support level supports maintaining a bullish bias.

 

This reinforces expectations that the price may soon retest the resistance at $3.250, with a potential breakout opening the way for continued upward movement in the near to medium term, targeting $3.520 as the next main objective.

 

However, failure to break above resistance may lead to mixed trading, with a possibility of downside pressure pushing the price toward $2.850 and then back to the previously mentioned support level.

 

The expected trading range for today is between $2.950 and $3.250

 

Trend forecast: Bullish