Natural Gas Price Forecast – Natural Gas Markets Continue to Recover

Natural Gas Price Forecast Video for 25.10.23

Natural Gas Technical Analysis

Natural gas markets have been very noisy during the trading session on Tuesday, as we see a lot of questions asked about the 200-Day EMA in the futures market, which of course will attract a lot of attention. Furthermore, we need to be aware of the fact that it is a bit of a cyclical trade, as colder temperatures will certainly be coming soon. The northern hemisphere is about to enter the coldest couple of months of the year, and therefore demand will spike. Furthermore, you also have to keep in mind that the European Union has a serious lack of supply being a major concern, so that comes into the picture as well.

Ultimately, this is an investment and not a short-term trade on my part, meaning that I am not levered and I am using an ETF to gain exposure to this market. This allows me to hang on to all of this volatility that we continue to see, and it does make a certain amount of sense that we would see natural gas pick up this time a year as it typically does. Now that we are above the 200-Day EMA in the futures market, it’s very likely we will eventually go looking toward the $4.00 level on the next leg higher. If we can break above that, then the market is likely to take off and go looking toward the $5.00 level. I have no interest in shorting natural gas this time of year, especially with the lack of supply in the EU, and of course the ongoing war in Ukraine which disrupts that flow overall.

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