Commodities
Gas Prices Tread Water Above Key Support
Natural gas opened trading on September 28th with a brief bearish gap, dipping toward $3.100 as the 55-period moving average posed resistance at $3.240.
The current pullback presents no threat to the bullish trend, given its stability above the pivotal support at $2.620 and additional support at $2.830.
The expected trading range for today is between $3.000 and $3.320, with a volatile trend forecast within the bullish direction.