βNatural Gas News: Will Reaction to $3.444 Trigger a Monday Gap Opening?
π Natural gas futures face volatile swings; $3.444 resistance holds the key to bullish or bearish moves this week
π Traders eye $3.444 resistance and $3.118 support as pivotal levels shaping natural gas futuresβ weekly outlook
π Midwest cold boosts heating demand; December weather forecasts remain uncertain for natural gas traders
π EIA reports modest 2 Bcf draw, far below the 30 Bcf five-year average, reinforcing ample supply concerns
π Natural gas inventories stand 7.2% above seasonal norms, pressuring prices despite increasing heating degree days
@news_finance
π Natural gas futures face volatile swings; $3.444 resistance holds the key to bullish or bearish moves this week
π Traders eye $3.444 resistance and $3.118 support as pivotal levels shaping natural gas futuresβ weekly outlook
π Midwest cold boosts heating demand; December weather forecasts remain uncertain for natural gas traders
π EIA reports modest 2 Bcf draw, far below the 30 Bcf five-year average, reinforcing ample supply concerns
π Natural gas inventories stand 7.2% above seasonal norms, pressuring prices despite increasing heating degree days
@news_finance