Natural gas prices fell and hit $3.810, thus approaching the support of $3.750, which is the key for deciding the overall trend in the near and medium term.
The price is now approaching the 55-day SMA support, which would reinforce its stability, while the Stochastic sends out positive signals, which boost the price further towards the resistance of $4.050, then $4.180.
Expected trading range today is between $3.750 and $4.050.
Today’s price forecast: Bullish as the support holds