Natural gas price returned to provide weak sideways trading by its fluctuating near $3.080 level, affected by the stability of the barrier at $3.150, which obstructs the chances of resuming the previously suggested bullish trend.

 

We will depend on the attempt of forming extra support at $2.9000 level, note that stochastic reach to the overbought level makes us wait for breaching the current barrier, to open the way for recording extra gains that might begin from $3.350 reaching $3.520 level.

 

The expected trading range for today is between $2.900 and $3.350

 

Trend forecast: Sideways