222
In the analysis of natural gas prices, despite a period of subdued trading observed yesterday, the consistent stability above the additional support level of $2.220 reaffirms the efficacy of the previously proposed bullish trajectory. Currently, the commodity fluctuates near $2.360.
Noteworthy is the sustained positive momentum indicated by stochastic indicators, signaling an anticipated resumption of positive gains. There is an expectation that the price will soon approach the $5.520 level, with a potential surge towards $5.640 thereafter upon surpassing it.
Advertisements
Expected Trading Range
Advertisements
- Support: $2.280
- Resistance: $2.520
Trend Forecast: Bullish
