Natural gas price began today’s trading with a positive price gap, to get rid of the moving average 55 at 5.340, to notice recording new positive targets by reaching 5.566.
Providing positive momentum by stochastic approach from the overbought level will support the continuation of the positivity, to keep waiting for the price reach to 5.720 resistance, where surpassing it will confirm its stability again within the bullish channel levels that appear in the above image.
The expected trading range for today is between 5.360 and 5.720
The expected trend for today: Bullish