Natural Gas Price Fails to Gain Momentum Amid Mixed Trading Signals
The natural gas price continues to experience mixed trading due to conflicting signals from main indicators. As of now, it is fluctuating near $2.970, with repeated stability above the additional support at $2.850 confirming the dominance of the bullish path.
However, a trend reversal and bearish attack could occur if the price breaks below the key support at $2.620 and stabilizes beneath it. This would lead to targeting several bearish levels, initially moving toward $2.480 and $2.250.
The expected trading range for today is between $2.850 and $3.250.