Natural Gas Price Breakout Imminent: Analysts Warn of Potential Decline
Natural gas prices have been stable above $2.620, leading to more sideways trading near $2.780.
This stability below the resistance level of $2.950 increases the chances of a negative momentum shift, which could break the current support and lead to further declines to around $2.280 or even lower.
The expected trading range for today is between $2.450 and $2.850.