NGCUSD

U.S. natural gas futures began the new week under the influence of milder weather forecasts. These forecasts bring expectations of improvements in production disruptions, leading to a decline in trading. This trend is expected to continue on the second trading day of the week. Additionally, the performance of European and U.S. stock markets may also be closely monitored throughout the day.

If prices remain below the 4,000 – 4,035 resistance levels, a downward trend may become more pronounced. Should a decline occur, the 3,860 and 3,800 levels could be targeted. In potential recoveries, the status of the 4,000 – 4,035 resistance is critically important. Breaking through this resistance level could bring the 4,090 to 4,140 levels into focus. Key levels for the day include 4,000 – 4,035.