Natural Gas Price Analysis Expected Scenario Natural gas price repeated the mixed sideways trades despite its consolidation within the bullish channel that appears on the chart, affected by the stability of 2.960$ barrier that hinders the attempts to achieve new gains until this moment. We assure the importance of settling above the bullish channels support line at 2.680$, noting that stochastic begins to provide the positive momentum to increase the chances of breaching the barrier and expect to move towards 3.150$ directly, followed by reaching the next main target at 3.500$ on the medium-term basis. Expected Trading Range Between 2.770$ and 3.150$.

Trend Forecast: Bullish