NatGas Prices Expected to Fall Further Amid Imbalanced Market Positions

Natural gas prices are expected to continue falling due to an imbalance in market positioning. Hedge funds remain net short on natural gas, while retail traders hold a significant number of long positions.

A key demand zone has been identified at approximately $2.36, which has been untouched since 2024.

Shortby, the author of the analysis, believes that this disparity will lead to further unwinding of long positions as producers and leveraged funds continue with short hedging.

A decline of -12% is predicted over the next few days or weeks.