Natural gas price gained new positive momentum yesterday as stochastic reach the overbought areas, to notice surpassing the moving average 55 and recording new positive targets by reaching the first target at 5.750.
The price stability within the bullish channel and getting more positive momentum by the major indicators support the continuation of the positivity, to keep waiting to reach new positive stations that might extend to 5.920 and 6.270.
The expected trading range for today is between 5.600 and 5.920
The expected trend for today: Bullish