Natural Gas Price Resumes Its Ascent

Natural gas prices have successfully cleared the 3.100 level, reaffirming the continued dominance of the previously suggested bullish bias. This move has led to additional gains, pushing prices to the 3.200 level.

Furthermore, key indicators are in agreement, providing positive momentum. This supports the notion of reaching the first major target at 3.550. It’s important to emphasize that exceeding this level is crucial to extend the trades towards 3.950 in the medium-term period, representing the second major station within the bullish trend.

In conclusion, the expected trading range for natural gas today is between 2.950 and 3.550, with a prevailing bullish trend.