Natural gas price needs bullish momentum, forcing it to provide new mixed trading by its repeated stability near $3.250, reminding you that the bullish scenario remains valid due to the stability above the bullish channel’s support at $3.030, to keep waiting for gathering bullish momentum, to ease the mission of its rally above $3.450 and reaching the initial target near $4.000.

 

While breaching strong bearish pressure and reaching below the main support, so that will confirm its move to a new negative phase, which forces it to suffer new losses by reaching $2.850.

 

The expected trading range for today is between $3.100 and $3.500

 

Trend forecast: Bullish