acritical from investing.com Technically speaking, a sustained move above the immediate resistance at $3.2 could generate a fresh wave of buying before this weekly closing as the coming weekends could remain colder, which could drive a strong uptrend in natural gas prices.
No doubt, bears could try to repress every rally, but the bulls could turn aggressive once they find supportive weather above $3.767. Wild price swings could surge from Jan. 28 onwards as the bulls could turn aggressive once the natural gas futures hold above this level before this weekly closing.