"Assessing the Future of Natural Gas Prices Amid Market Volatility"
TL;DR
Natural gas prices have been on a seven-day decline, with support seen at 1.59, but no convincing signs of a turnaround. Sellers remain in control as the price breached the 1.80 support zone and fell to 1.59/1.61. If today’s low is broken, the next targets are 1.52 and 1.44, with a potential bullish reversal if the 1.52 zone is hit. A rally above today’s high of 1.69 could indicate strength, with previous support levels becoming resistance.
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