Natural Gas Prices Exhibit Bullish Trend, Reaching Key Support Levels

by Daisy

Natural gas prices have recently demonstrated a clear bullish trend, as confirmed by the latest market analysis. Testing the support line at $2.880 yesterday, prices swiftly rebounded towards $3.050 and settled close to this mark, as illustrated on the chart. This movement underscores the significance of garnering fresh positive momentum to facilitate the attainment of further targets, notably in the vicinity of $3.200 and $3.500.

The anticipated trading range for natural gas prices is projected to be between $2.950 and $3.200, reflecting ongoing market dynamics and investor sentiment.


In summary, the trend forecast for natural gas prices remains bullish, with continued potential for upward movement in the near term.


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