Natural Gas Prices Face Resistance Despite Record Demand and Higher Stocks

Natural gas markets are showing bullish momentum as they attempt to break through the resistance level around $3.00. With the approaching colder months in the northern hemisphere, natural gas demand is expected to drive prices higher. Traders are advised to pay attention to the 200-Day EMA and anticipate a potential major breakout soon. Retail traders are recommended to trade natural gas through ETFs or CFDs rather than futures due to their volatility and sensitivity to weather reports. The lack of natural gas supply for the European Union may lead to a spike in prices similar to last year.