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Natural gas prices experienced robust upward pressure yesterday, surging beyond the $2.000 barrier and exerting influence on the MA55 indicator, with prices reaching $2.090 and maintaining proximity to this level. A sustained close above $2.000 is imperative to capitalize on the favorable momentum indicated by stochastic oscillators, affirming a shift towards a bullish trajectory and potentially paving the way for further gains. Prospects suggest a potential uptrend towards $2.240, followed by $2.500 over the medium term.
Expected Trading Range: $2.050 – $2.250
Trend Forecast: Bullish
