Commodities
Natural Gas Rises to $2.78 as Buyers Target $2.88
Natural Gas is trading at $2.78, having broken through the falling trend line and previous resistance zone at $2.73.
The price is currently testing the 50 EMA at $2.79, the 100 EMA at $2.80, and a resistance zone at $2.81.
The buyers are holding their ground in the previously resistant zone, showing no signs of taking profits.
The Relative Strength Index (RSI) has risen, signaling a bullish zone at $2.81 with a target of $2.88 if the price holds up.