Corona Virus
Stay Safe, FollowGuidance
Fetching Location Data…
Christopher Lewis
Natural Gas Price Forecast - Natural Gas Get Hammered

Natural gas markets gapped lower to reach down towards the $2.20 level during the trading session on Monday, turning around to form a bit of a hammer. However, the market has not filled that gap yet, and it is a rather significant one. By breaking below the uptrend line, that is a strong sign to the negative, but at this point if we can break above that gap at continue higher it would be an extraordinarily strong sign.

NATGAS Video 10.12.19

Natural gas markets are extraordinarily thin, and it doesn’t take much to spook the market. There is an oversupply of natural gas from a systematic point of view so it’s likely that we will continue to see downward pressure from a longer-term standpoint. That being the case, I still believe that there is a short-term pop coming this winter but quite frankly it’s very difficult to time. If you can keep your position size small enough, then it’s likely that you can profit. Otherwise, if you are playing the futures market you will probably continue to have issues.

Know where Natural Gas is headed? Take advantage now with 

75% of retail CFD investors lose money

A breakdown below the bottom of the range for the day could send this market down to the $2.00 level, which is a large, round, psychologically significant figure. That level being broken would destroy the uptrend. Having said that, expect a lot of back and forth and choppy behavior as this market will probably move on the next weather-related headline. That being said, playing the market via options might be the best way to go, or at least CFD markets as you can use small positions.

Please let us know what you think in the comments below

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker

  • Your capital is at risk
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.