NGAS

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NGAS

The US natural gas futures contract continues to rise with the view of increasing demand for liquid natural gas in addition to the currently declining production. In addition to consolidating its permanence above $2, prices have reached their highest levels since January. The course of European and US stock markets can be followed during the day. As long as prices remain above the 2,538-2,570 support, an upward outlook may be at the forefront. In possible increases, 2,691 and 2,733 levels can be targeted. In possible decreases, the attitude of the 2,538-2,570 support can be followed. A break of this support and 4-hour closings in the region may bring the 2,491 and 2,450 levels to our agenda. Support: 2.57-2.53 Resistance: 2.69-2.73