Natural gas price benefited from the repeated positive pressures by breaching the barrier at $2.920, confirming the continuation of the bullish corrective scenario, approaching the initial target at $3.050.

 

In general, the stability above $2.620 support and providing bullish momentum by the main indicators will increase the efficiency of the bullish trend in the current trading, to expect the attempt of recording extra gains by its rally towards $5.200 and $3.380.

 

The expected trading range for today is between $2.950 and $3.200

 

Trend forecast: Bearish