Natural Gas Futures Break Resistance, Target $2.800/MMBtu
Natural gas futures rose through near-term technical resistance in September, shifting focus to whether the prompt month can extend its recovery toward $2.800/MMBtu.
The breaking of this resistance means that traders are now looking at the next potential target for natural gas prices: $2.800/MMBtu. However, it's essential to note that the larger downtrend is still intact.