NGCUSD

U.S. natural gas futures continued to rise from Friday due to cold weather conditions and stock concerns. As the heating season approaches its end, the weather continues to sustain heating demand. This situation requires careful monitoring in the markets.

If prices remain above the support level of 4.465 – 4.530, an upward trend may prevail. Potential targets in the event of an increase are the levels of 4.670 and 4.720. In downward scenarios, breaking below the 4.465 – 4.530 support level could lead to levels of 4.400 and 4.330 being reached. The important level for the day is the range of 4.465 – 4.530.