Natural Gas Forms Bull Flag Pattern, Holds at $3.172

Natural gas futures have steadied into a classic bull flag formation, trading near the $3.172 level as markets await a potential breakout. The pattern emerged after a sharp rally that pushed prices above $3.30, followed by a consolidation phase that has now settled at $3.172. Traders are watching the upper resistance near $3.25 and the lower support around $3.10 for clues on the next move. If the flag holds and the price breaks above the recent high, natural gas could see renewed upward momentum.