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Natural Gas News: Futures Retreat as Profit-Taking Hits Post-Weather Rally – FX Empire

Daily natural gasThe market is technically supported, but there are signs of shaking momentum. The key pivot is $3.505. If prices fall below this level, the momentum on the negative side could be accelerated. The $3.801 high on Friday currently exists as a potential lower upper, potentially strengthening the bearish structure when sales pressure rises. […]

Natural Gas News: Futures Rise Today as Cold Weather Lifts Market Sentiment – FX Empire

Cold climates promote short-term profits, but production remains a threat New cold spells that clean the US are driving increased heating demand, pushing natural gas futures up 2.5% per MMBTU to $3.391. Analysts at EBW Analytics highlight that this combination of supportive weather, storage obstacles and bullish techniques can maintain upward pressure in the short […]