"Natural Gas Prices: Forecasting New Lows and Persistent Challenges"
TL;DR Summary
Natural gas prices are expected to continue falling, with a bearish trend triggered by a drop below 2.00. The strong downward momentum suggests a potential further decline below 1.95, with initial targets around 1.80 and potentially 1.61/1.60. Despite the extended downside, a bullish reversal would require a rise above 2.17.
Topics:business#bearish-continuation#downward-momentum#economic-events#financeenergy-markets#natural-gas#price-forecast
- Natural Gas Price Forecast: New Lows Expected FX Empire
- Resilient Economy and Baseline Demand Provide Floor, Upside Potential for Natural Gas Prices Natural Gas Intelligence
- Natural Gas: Ugly Price Action- How Low Can Natty Gas Go? Barchart
- Heat of the Moment - High Gas Production, Historically Low Heating Demand Keep a Lid on Prices RBN Energy
- Natural Gas Prices Are Off 40%. Some of the Problems Won’t Go Away. Barron's
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 2 min read
Condensed
87%
372 → 50 words
Want the full story? Read the original article
Read on FX Empire