Natural Gas Price Hits Bullish Target at $3.380
Natural gas prices have reached a significant milestone, touching $3.380 and challenging the 55-period moving average. This marks the beginning of a potentially bullish trend, as indicated by the Stochastic indicator's continued positive momentum.
The price is expected to continue rising, with the next target at $3.520. A break above this level would confirm the transition into a new bullish phase.
The trading range for today is predicted to be between $3.160 and $3.520, reflecting the potential volatility in the market.