Expected Scenarios and Trading Range
Scenario 1: Attempted Breakout
- Natural gas price attempted to breach the $2.200 resistance line recently but failed to sustain it.
- Stability observed near the $2.180 level due to contradiction between major indicators.
Scenario 2: Wait for Confirmation
- Recommendation to wait for confirmation of breaching $2.200 and holding above it.
- Confirmation would reinforce chances of activating the bullish track, potentially leading to major gains near $2.280 and $2.350.
Trading Range
Expected range for today: $2.122 - $2.200
Trend forecast: Sideways