Natural gas price resumed providing correctional bullish trades to notice surpassing 50% Fibonacci correction level at 7.600 and record additional gains by touching 8.050.
In case the major indicators continued to provide the positive momentum and the stability of 7.500 as an additional support, these factors will increase the chances of reaching new positive stations that might extend towards 8.600 that forms the extension of historical resistance as appears on the chart.
The expected trading range for today is between 7.550 and 8.400
The expected trend for today: Bullish