Natural Gas Prices Reach Barrier at $2.920

Natural gas prices have attempted to resume their corrective trend after reaching a barrier of $2.920, which was supported by positive momentum from stochastic indicators. This development has delayed the main bearish trend in the current period.

According to forecasts, if natural gas continues to face positive pressures, it may surpass the current barrier and reach prices of $3.050 or even $3.180. However, a sharp decline could lead to a settlement below the $2.620 support level.

The expected trading range for today is between $2.820 and $3.050, with a bullish trend forecast.