Natural Gas Prices Show Volatility Amid Market Fluctuations.

1 min read
Source: FX Empire
Natural Gas Prices Show Volatility Amid Market Fluctuations.
Photo: FX Empire
TL;DR

The natural gas market is expected to remain sluggish during the summer months due to a drop in heating demand. However, the Europeans will have to start refilling their natural gas storage later this summer, which will put more pressure on the EU supply. The market is expected to continue to go sideways overall, with the $2.00 level offering significant support and the $3.00 level offering significant resistance. Short-term trading is recommended with an eye on the longer-term upward momentum.

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