Natural Gas Price Prediction: Signs of a Bullish Reversal and Potential Bottom Formation Ahead
Natural gas triggered a two-day bullish reversal after testing long-term support, suggesting a potential bottom and increasing chances of a stronger recovery.Natural gas strengthened on Wednesday and triggered a two-day bullish reversal and a breakout of a small downtrend line. Both Tuesday’s high of $3.04 and Monday’s high of $3.08 were exceeded to reach a high of $3.09 for the day. Today’s bullish price action provides an early indication that the bearish correction may have found a bottom fol