Natural gas prices fell and hit $3.810, thus approaching the support of $3.750, which is the key for deciding the overall trend in the near and medium term.

 

The price is now approaching the 55-day SMA support, which would reinforce its stability, while the Stochastic sends out positive signals, which boost the price further towards the resistance of $4.050, then $4.180.

 

Expected trading range today is between $3.750 and $4.050.

 

Today’s price forecast: Bullish as the support holds