Natural gas prices are on the upswing, exhibiting a robust positive trend that reaffirms the bullish trajectory. The market has found essential support at the 3.100 level, with prices now setting their sights on the 4.400 mark.
In addition to this encouraging climb, the stochastic rally has displayed remarkable positivity while comfortably settling within the overbought zones. This not only affirms the initiation of a gathering of positive momentum but also positions the market to potentially hurdle the 3.550 barrier. The next major target in sight is the 3.950 level.
For today’s trading session, experts anticipate a trading range between 3.200 and 3.550, firmly establishing the current bullish sentiment.
Investors and analysts are keeping a watchful eye on these developments, as the natural gas market demonstrates its resilience and upward potential in the face of changing dynamics.
