In a testament to its ongoing resilience, the natural gas price has sustained a favorable stance above the MA55 benchmark, currently situated at 2.700. This steadfast positioning serves to affirm the earlier indicated optimistic outlook, with the price exhibiting slight fluctuations around the 2.860 mark at present. Notably, the attainment of additional positive momentum becomes imperative to fortify the potential resurgence of a bullish onslaught, facilitating an eventual breakthrough of the 3.100 threshold. This achievement would be a precursor to setting sights on the subsequent pivotal objective at 3.550.
Anticipated market activity for the day is foreseen to unfold within the confines of the range spanning 2.650 to 3.100.
Today’s projected trajectory maintains a bullish inclination.