Gas Prices Expected to Rebound Short-Term towards 285-288
Natural gas prices are showing signs of a short-term rebound after testing key support around $267-$258. The author remains bullish in the short term, expecting potential upside towards $285-$288.
This confluence zone is expected to act as strong resistance, with the price reaching that level potentially triggering bearish confirmation for re-entering short positions.
The broader downtrend marked by the falling black trendline remains a concern, but in the short term, the focus is on the potential upside towards $285-$288.