"Natural Gas Prices Surge Amid Record Demand and EIA Inventory Drop"

Natural gas is showing strength as it holds steady and potentially closes at a new trend daily high, with eyes on a breakout above 3.23. Despite a recent pullback, it remains within Tuesday’s trading range and above the uptrend line, signaling potential for further gains. A breakout above 3.23 could face resistance at 3.34-3.39, with a primary higher target at 3.93, mirroring a previous advance. The 23.6% Fibonacci retracement will be hit at 3.85, indicating potential future price movements.