From Investing.com: 2024-12-24 08:05:00

Natural gas futures are facing limited upside due to geopolitical moves, with milder weather ahead. President-elect Trump’s statement on tariffs for the EU and potential disruptions in Russian gas supply to Europe add to the bearish pressure. Producers cutting drilling activities could lead to lower U.S. natural gas output.

Technical analysis shows resistance at $3.863 on the weekly chart, with selling pressure persisting. The 4 Hr. chart indicates a bearish trend with a ‘Bearish Crossover’. Stay updated with live analysis on ‘SS Analysis’ YouTube channel. Readers are advised to trade natural gas at their own risk based on observations.



Read more at Investing.com: Natural Gas: Limited Upside Indicates Wobbling Likely to Continue