Natural gas price took advantage of stochastic attempt to provide positive momentum, to notice surpassing $3.600 level, recording some of the gains by reaching $3.750, but the repeated stability below the barrier at $3.870 represents a main barrier against regaining the bullish bias, to expect forming mixed trading, and there is chance for the decline again below $3.600 level and targeting the negative stations near $3.450 and $3.320.

 

While facing new bullish pressure and breaching the mentioned barrier will confirm its readiness to form strong bullish waves, to expect achieving several gains by its rally towards $3.950 and $4.150.

 

The expected trading range for today is between $3.550 and 3.800

 

Trend forecast: Bearish