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Natural gas price approaches first target – Forecast today – 12-11-2026
Natural gas price formed a new bullish surge during yesterday’s trading, approaching the first additional target at $3.420, before pulling back to retest the EMA55 as it slipped toward $3.250.
We expect the additional support level at $3.100, combined with the Stochastic indicator’s attempt to generate positive momentum, to help the price renew its bullish attempts. Accordingly, we maintain our expectations for an attempt to reach $3.500 and $3.620 in the near term.
The expected trading range for today is between $3.200 and $3.500
Trend forecast: Bullish
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