Commodities
Natural Gas Prices Teeter on Resistance at 295.60
Natural Gas prices are trading around 294.5, just below the Zero Line at 295.60.
The price has shown a strong vertical expansion from the 270 zone and is currently testing immediate overhead resistance.
Acceptance above the Zero Line is necessary for the next phase of expansion.
In terms of trading strategies, longs activate above 288.40 sustained acceptance, with targets at 312.10 and 322.30.
On the other hand, shorts activate below 282.10, especially if price fails to reclaim the 295.60 Zero Line decisively, with targets at 279.10 and 268.90.