NATGAS CAPITAL is holding in a strong demand zone (3.00–3.20). With weather still in play and colder patterns likely later this winter, heating demand may pick up — supporting natural gas prices and potentially pushing this instrument higher.
Immediate resistances at 3.51, 3.68, 3.92; breakout beyond 3.92 opens room for 4.00+. Invalid below 3.00.
Although recent short-term forecasts showed milder weather reducing immediate demand, weather models still suggest elevated risk of cold air outbreaks later in the winter, which could revive demand and tighten supplies.
📊 Levels to Watch
🟢 Support Zone (Buyers):
3.00 – 3.20 USD — key demand zone.
Invalidation under 3.00 weakens bullish thesis.
🔴 Intermediate Resistances:
3.51 USD – First resistance
3.68 USD – Reaction level
3.92 USD – Key barrier before breakout
⭐ Major Upside Target:
4.00+ USD — expected once 3.92 is cleared convincingly.
📈 Trade Plan (Example)
📍 Long Entry Zone: 3.00–3.20
🛑 Stop Loss: Below 2.90
🎯 Targets:
Target 1: 3.51
Target 2: 3.68
Target 3: 3.92
Extended: 4.00+
Weather Watch: Continued colder forecasts later in winter could accelerate the move up.
Immediate resistances at 3.51, 3.68, 3.92; breakout beyond 3.92 opens room for 4.00+. Invalid below 3.00.
Although recent short-term forecasts showed milder weather reducing immediate demand, weather models still suggest elevated risk of cold air outbreaks later in the winter, which could revive demand and tighten supplies.
📊 Levels to Watch
🟢 Support Zone (Buyers):
3.00 – 3.20 USD — key demand zone.
Invalidation under 3.00 weakens bullish thesis.
🔴 Intermediate Resistances:
3.51 USD – First resistance
3.68 USD – Reaction level
3.92 USD – Key barrier before breakout
⭐ Major Upside Target:
4.00+ USD — expected once 3.92 is cleared convincingly.
📈 Trade Plan (Example)
📍 Long Entry Zone: 3.00–3.20
🛑 Stop Loss: Below 2.90
🎯 Targets:
Target 1: 3.51
Target 2: 3.68
Target 3: 3.92
Extended: 4.00+
Weather Watch: Continued colder forecasts later in winter could accelerate the move up.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.