Natural gas prices lost bullish momentum recently due to stochastic attempt to exit the overbought level, which forced it to provide mixed trading by its stability near $4.380.

 

Reminding you that the stability above the extra support at $4.200 forms a main factor to motivate the bullish track, to expect begin forming bullish trading, targeting $4.750 level and surpassing this barrier will form the next main target at $4.910 level in the near-term trading.

 

The expected trading range for today is between $4.200 and $4.700

 

Trend forecast: Bullish