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Natural gas prices are currently seeking additional positive momentum. After experiencing temporary losses and hitting the $3.440 level yesterday, prices quickly rebounded, settling near the 55-period moving average at $3.600.
The formation of additional support at the $3.280 level continues to strengthen the likelihood of a bullish move. With this support in place, the next target is $3.780, and surpassing this level could drive prices towards the subsequent target at $3.910.
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The anticipated trading range for today is between $3.550 and $3.910.
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Trend Forecast: Bullish
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