Natural Gas: Will the Price Slump Continue?

Natural gas prices are near yearly lows, plummeting 16% since January due to oversupply and reduced demand. Will this slump continue? Technical analysis suggests limited rallies, and historical trends point to further declines through October. But a potential bounce above $3.20 could signal a turnaround. Navigate this volatile market with caution, blending technicals, fundamentals, and risk management, especially when trading futures, options, or ETFs like UNG. Hosted on Acast. See acast.com/privacy for more information.