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Natural gas prices opened with a gap today, surpassing the $3.185 resistance level and achieving gains by touching $3.335. The price has since entered a period of sideways fluctuation, which is helping to gather more positive momentum.
To confirm the continuation of the bullish trend in both the near and medium term, it is crucial for the price to break and hold above the $3.350 mark. If successful, this will likely propel the price toward the next key target at $3.570. A breach of this level could extend the upward movement toward $3.720.
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The expected trading range for today is between support at $3.185 and resistance at $3.350.
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Trend Forecast: Bullish
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