Natural gas futures face technical reversal and resistance at $3.810 due to delayed summer demand

From Investing.com: 2025-05-14 04:21:00

Natural gas futures rebounded after hitting lows at $2.874, facing less demand and increased inventory levels. Technical reversal pushed prices to test resistance at $3.810, expected to drop due to delayed summer demand. Record-breaking heat in Texas may boost national demand, but rest of U.S. comfortable, weakening overall demand.

Inventory announcement this week could lead to higher inventory levels, sparking more selling. In daily chart, natural gas futures struggle at 50 EMA support at $3.602. A breakdown could push prices to 20 EMA support at $3.524. Failure to hold support may lead to test of 200 EMA at $3.269.

In 1 Hour Chart, natural gas futures defend support at 200 EMA but bearish crossovers suggest selling pressure ahead. Breaking below support may push prices to $3.350 lows. Analysis based on observations, readers advised to trade at own risk.



Read more at Investing.com: Natural Gas: Surge in Heat-Driven Demand Could Test Key Resistance