Natural gas futures face bearish pressure due to reduced demand forecast and technical indicators

From Investing.com: 2025-05-22 04:06:00

Natural gas futures saw support at $3.100 on May 20, rising to $3.512 on May 21 before closing at $3.364. Bearish pressure is high after falling from $3.841 on May 12, breaking the 200 DMA at $3.305. Bearish crossovers suggest continued downward pressure, likely dropping below the 200 DMA soon.

Expect natural gas futures to face more bearish pressure as technical indicators point to further downside movement. Weather patterns show light national demand for the next week, with temperatures varying across the U.S. Technical levels to watch include resistance at $3.512 and support at $3.305, with potential for a bounce attracting more selling pressure. Trading in natural gas futures carries risks.



Read more at Investing.com: Natural Gas: Reduced Demand Forecast May Lead to Increased Selling