NGCUSD

U.S. natural gas futures rose last week due to favorable weather conditions and started the new week with that momentum. Throughout this week, changes in weather forecasts and stock data will be closely monitored.

If prices remain above the 3.330 – 3.370 support level, an upward movement is expected to continue. If the rise persists, the 3.470 and 3.520 levels could be targeted. In the event of a possible decline, the status of the support in the 3.330 – 3.370 range will be critical. Breaking this level could trigger a move towards the 3.290 and 3.250 levels. The key level for the day has been determined as the 3.330 – 3.370 range.